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SPENCERPORT FEDERAL CREDIT UNION

Sep, 30, 2025 — SPENCERPORT FEDERAL CREDIT UNION is a federal credit union headquartered in SPENCERPORT, NY with 1 branch location and about $40.28 million in total assets. Opened 64 years ago in 1962, SPENCERPORT FEDERAL CREDIT UNION has about 4,470 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SPENCERPORT FEDERAL CREDIT UNION
Address:
(Main Office)
2775 Spencerport rd
SPENCERPORT, NY 14559
Phone:(585) 352-6890
Fax:(585) 352-1899
Website:https://www.spnfcu.org
Branches:1 branch locations
Members:4,470
Credit Union Type:Federal Credit Union
Charter Number:14884
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1962
Last Audited:Oct 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$40,283,458
CEO/Manager:Katherine A Czarnecki
Chairperson:Christopher J Cappetta

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 929,687
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,996,051
 Unsecured Loans 1,466,990
 Other Loans 16,495,859
 TOTAL LOANS 21,958,900
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -192,079
 Land And Building 755,016
 Other Fixed Assets 7,296
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 359,382
 All Other Assets 13,598
  TOTAL ASSETS 40,283,458
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 314,955
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,126,564
 Regular shares 19,660,263
 All Other Shares & Deposits 8,634,118
  TOTAL SHARES & DEPOSITS 36,420,944
  TOTAL LIABILITIES 36,735,899
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,547,559
  TOTAL EQUITY 3,547,559
  TOTAL LIABILITIES, SHARES, & EQUITY 40,283,458
INCOME & EXPENSE  
 Loan Income 996,500
 Investment Income 370,441
 Other Income 75,837
 Total Employee Compensation & Benefits 390,604
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 580,566
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 108,667
 Cost of Funds 175,067
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 238,858
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