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MOOG EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — MOOG EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in EAST AURORA, NY with 1 branch location and about $214.01 million in total assets. Opened 58 years ago in 1963, MOOG EMPLOYEES FEDERAL CREDIT UNION has about 9,478 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 222380443
Name:MOOG EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
SENECA STREET
EAST AURORA, NY 14052
Phone:(716) 655-2360
Fax:(716) 655-1675
Website:http://www.moogfcu.com
Branches:1 branch locations
Members:9,478
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$214,007,830
CEO/Manager:FRANK A DUMOND
Chairperson:PETER A SCHNITZLER

Call Report

  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 44,924,205
TOTAL INVESTMENTS 76,075,000
Loans Held for Sale 0
 
 Real Estate Loans 72,294,009
 Unsecured Loans 3,070,426
 Other Loans 12,770,064
 TOTAL LOANS 88,134,499
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -993,043
 Land And Building 3,526,931
 Other Fixed Assets 367,029
 NCUSIF Deposit 1,468,648
 All Other Assets 504,561
  TOTAL ASSETS 214,007,830
LIABILITIES & CAPITAL:  
 Dividends Payable 212,611
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 485,144
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 29,005,625
 Regular shares 94,989,557
 All Other Shares & Deposits 44,703,051
  TOTAL SHARES & DEPOSITS 168,698,233
  TOTAL LIABILITIES 169,395,988
 Regular Reserve 13,181,786
 Other Reserves 0
 Undivided Earnings 31,430,056
  TOTAL EQUITY 44,611,842
  TOTAL LIABILITIES, SHARES, & EQUITY 214,007,830
INCOME & EXPENSE  
 Loan Income 809,850
 Investment Income 415,845
 Other Income 27,111
 Total Employee Compensation & Benefits 247,628
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 248,049
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 123,440
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 687,326
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