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PARKS HERITAGE FEDERAL CREDIT UNION

Sep, 30, 2025 — PARKS HERITAGE FEDERAL CREDIT UNION is a federal credit union headquartered in GLENS FALLS, NY with 1 branch location and about $38.25 million in total assets. Opened 61 years ago in 1965, PARKS HERITAGE FEDERAL CREDIT UNION has about 3,962 members and employs 10 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: 221375695
Name:PARKS HERITAGE FEDERAL CREDIT UNION
Address:
(Main Office)
5 Murray St
GLENS FALLS, NY 12801
Phone:(518) 926-4700
Fax:(518) 926-4707
Website:https://www.parksheritagefcu.org
Branches:1 branch locations
Members:3,962
Credit Union Type:Federal Credit Union
Charter Number:16933
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$38,251,520
CEO/Manager:Csilla Bell
Chairperson:Christopher H Patnode

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,404,971
TOTAL INVESTMENTS 0
Loans Held for Sale 12,480
 
 Real Estate Loans 10,547,968
 Unsecured Loans 2,753,772
 Other Loans 10,371,697
 TOTAL LOANS 23,673,437
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -186,640
 Land And Building 1,441,456
 Other Fixed Assets 137,000
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 309,709
 All Other Assets 0
  TOTAL ASSETS 38,251,520
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 33,224
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,418,296
 Regular shares 13,116,251
 All Other Shares & Deposits 13,956,972
  TOTAL SHARES & DEPOSITS 31,491,519
  TOTAL LIABILITIES 31,524,743
 Regular Reserve 0
 Other Reserves 857,955
 Undivided Earnings 5,868,822
  TOTAL EQUITY 6,726,777
  TOTAL LIABILITIES, SHARES, & EQUITY 38,251,520
INCOME & EXPENSE  
 Loan Income 1,265,663
 Investment Income 381,098
 Other Income 184,783
 Total Employee Compensation & Benefits 505,978
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 721,987
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 151,980
 Cost of Funds 310,204
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 407,911
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