Jun, 30, 2024 — COMPASS FEDERAL CREDIT UNION is a federal credit union headquartered in OSWEGO, NY with 6 branch locations and about $90.56 million in total assets. Opened 59 years ago in 1966, COMPASS FEDERAL CREDIT UNION has about 7,622 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COMPASS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 131 George St OSWEGO, NY 13126-2915 |
Phone: | (315) 342-5300 |
Fax: | (315) 342-5294 |
Website: | https://www.compassfcu.com |
Branches: | 6 branch locations |
Members: | 7,622 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17665 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $90,564,942 |
CEO/Manager: | Jennifer Rupert |
Chairperson: | Michael Pisa |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 7,672,085 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 25,142,297 |
Unsecured Loans | 8,034,467 |
Other Loans | 12,055,728 |
TOTAL LOANS | 45,232,492 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -251,242 |
Land And Building | 2,443,892 |
Other Fixed Assets | 287,878 |
NCUSIF Deposit | 708,449 |
All Other Assets | 0 |
TOTAL ASSETS | 90,564,942 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 941,332 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 13,150,120 |
Regular shares | 47,499,563 |
All Other Shares & Deposits | 16,593,634 |
TOTAL SHARES & DEPOSITS | 77,243,317 |
TOTAL LIABILITIES | 78,184,649 |
Regular Reserve | 0 |
Other Reserves | 920,886 |
Undivided Earnings | 11,459,407 |
TOTAL EQUITY | 12,380,293 |
TOTAL LIABILITIES, SHARES, & EQUITY | 90,564,942 |
INCOME & EXPENSE | |
Loan Income | 1,671,933 |
Investment Income | 341,227 |
Other Income | 199,290 |
Total Employee Compensation & Benefits | 838,735 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,209,582 |
Non-operating Income & (Expense) | 60,429 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 47,831 |
Cost of Funds | 193,474 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 498,653 |
↑ Back to Top |