Sep, 30, 2025 — GATES CHILI FEDERAL CREDIT UNION is a federal credit union headquartered in ROCHESTER, NY with 1 branch location and about $30.33 million in total assets. Opened 62 years ago in 1964, GATES CHILI FEDERAL CREDIT UNION has about 2,221 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GATES CHILI FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2870 Buffalo Rd ROCHESTER, NY 14624-1340 |
| Phone: | (585) 247-1090 |
| Fax: | (585) 247-3875 |
| Website: | https://www.gateschilifcu.org |
| Branches: | 1 branch locations |
| Members: | 2,221 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16236 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $30,329,003 |
| CEO/Manager: | Kelly L DeFranco |
| Chairperson: | Timothy Guillemette |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,459,972 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,555,963 |
| Unsecured Loans | 1,389,376 |
| Other Loans | 8,867,588 |
| TOTAL LOANS | 13,812,927 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -67,736 |
| Land And Building | 994,350 |
| Other Fixed Assets | 139,941 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 267,820 |
| All Other Assets | 0 |
| TOTAL ASSETS | 30,329,003 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 54,792 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,325,218 |
| Regular shares | 18,735,944 |
| All Other Shares & Deposits | 2,000,547 |
| TOTAL SHARES & DEPOSITS | 28,061,708 |
| TOTAL LIABILITIES | 28,116,500 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,212,503 |
| TOTAL EQUITY | 2,212,503 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 30,329,003 |
| INCOME & EXPENSE | |
| Loan Income | 545,502 |
| Investment Income | 249,062 |
| Other Income | 18,770 |
| Total Employee Compensation & Benefits | 356,420 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 398,487 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,697 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 162,476 |
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