Sep, 30, 2025 — MOOG EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in EAST AURORA, NY with 1 branch location and about $244.73 million in total assets. Opened 63 years ago in 1963, MOOG EMPLOYEES FEDERAL CREDIT UNION has about 8,635 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOOG EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7181 SENECA St EAST AURORA, NY 14052-0018 |
| Phone: | (716) 655-2360 |
| Fax: | (716) 655-1675 |
| Website: | https://www.moogfcu.com |
| Branches: | 1 branch locations |
| Members: | 8,635 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15669 |
|---|---|
| Membership Type: | Multiple common bond - Primarily machinery |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $244,733,704 |
| CEO/Manager: | FRANK A DUMOND |
| Chairperson: | PETER A SCHNITZLER |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,582,261 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 80,363,421 |
| Unsecured Loans | 3,170,755 |
| Other Loans | 17,981,331 |
| TOTAL LOANS | 101,515,507 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -995,236 |
| Land And Building | 3,825,293 |
| Other Fixed Assets | 196,809 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,664,635 |
| All Other Assets | 0 |
| TOTAL ASSETS | 244,733,704 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 238,995 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 208,096 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 28,766,035 |
| Regular shares | 76,683,075 |
| All Other Shares & Deposits | 74,121,855 |
| TOTAL SHARES & DEPOSITS | 179,570,964 |
| TOTAL LIABILITIES | 180,018,055 |
| Regular Reserve | 0 |
| Other Reserves | 13,181,786 |
| Undivided Earnings | 51,533,863 |
| TOTAL EQUITY | 64,715,649 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 244,733,704 |
| INCOME & EXPENSE | |
| Loan Income | 3,440,717 |
| Investment Income | 3,996,006 |
| Other Income | 61,505 |
| Total Employee Compensation & Benefits | 1,027,394 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,093,787 |
| Non-operating Income & (Expense) | 169,131 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,000 |
| Cost of Funds | 1,745,899 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,791,279 |
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