Sep, 30, 2025 — USALLIANCE FEDERAL CREDIT UNION is a federal credit union headquartered in RYE, NY with 6 branch locations and about $3.27 billion in total assets. Opened 60 years ago in 1966, USALLIANCE FEDERAL CREDIT UNION has about 190,669 members and employs 270 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | USALLIANCE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 411 Theodore Fremd Ave RYE, NY 10580 |
| Phone: | (914) 921-0500 |
| Fax: | (914) 881-3468 |
| Website: | https://www.usalliance.org |
| Branches: | 6 branch locations |
| Members: | 190,669 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17587 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,274,004,514 |
| CEO/Manager: | Harry Zhu |
| Chairperson: | Carla Palma |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 223,137,372 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 20,600,000 |
| Real Estate Loans | 1,856,263,112 |
| Unsecured Loans | 231,380,946 |
| Other Loans | 825,897,573 |
| TOTAL LOANS | 2,913,541,631 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -31,070,576 |
| Land And Building | 180,740 |
| Other Fixed Assets | 2,868,459 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 22,317,860 |
| All Other Assets | 2,049,296 |
| TOTAL ASSETS | 3,274,004,514 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 473,680 |
| Notes & Interest Payable | 521,600,000 |
| Accounts Payable & Other Liabilities | 38,279,817 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 13,800,000 |
| Share Drafts | 218,634,311 |
| Regular shares | 843,310,683 |
| All Other Shares & Deposits | 1,396,571,051 |
| TOTAL SHARES & DEPOSITS | 2,458,516,045 |
| TOTAL LIABILITIES | 3,032,669,542 |
| Regular Reserve | 0 |
| Other Reserves | 11,406,092 |
| Undivided Earnings | 229,928,880 |
| TOTAL EQUITY | 241,334,972 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,274,004,514 |
| INCOME & EXPENSE | |
| Loan Income | 126,396,234 |
| Investment Income | 9,119,272 |
| Other Income | 5,671,364 |
| Total Employee Compensation & Benefits | 26,279,513 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 20,478,110 |
| Non-operating Income & (Expense) | -55,416 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,906,771 |
| Cost of Funds | 75,217,771 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 16,054,109 |
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