Sep, 30, 2025 — NYM FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 1 branch location and about $19.37 million in total assets. Opened 59 years ago in 1967, NYM FEDERAL CREDIT UNION has about 2,731 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NYM FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 6th St Ste 2F BROOKLYN, NY 11215-3648 |
| Phone: | (718) 780-3618 |
| Fax: | (718) 780-3633 |
| Website: | https://www.nymfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,731 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18238 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $19,365,348 |
| CEO/Manager: | Sabrina Singh |
| Chairperson: | Laura Montemarano |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 272,456 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 3,425,812 |
| Other Loans | 366,006 |
| TOTAL LOANS | 3,791,818 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,190 |
| Land And Building | 0 |
| Other Fixed Assets | 2,895 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 161,948 |
| All Other Assets | 0 |
| TOTAL ASSETS | 19,365,348 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 48,961 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,916,181 |
| Regular shares | 13,023,366 |
| All Other Shares & Deposits | 1,282,089 |
| TOTAL SHARES & DEPOSITS | 16,221,636 |
| TOTAL LIABILITIES | 16,270,597 |
| Regular Reserve | 0 |
| Other Reserves | 2,000,000 |
| Undivided Earnings | 1,094,751 |
| TOTAL EQUITY | 3,094,751 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 19,365,348 |
| INCOME & EXPENSE | |
| Loan Income | 272,129 |
| Investment Income | 392,608 |
| Other Income | 54,039 |
| Total Employee Compensation & Benefits | 262,725 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 324,352 |
| Non-operating Income & (Expense) | 7,766 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,100 |
| Cost of Funds | 23,471 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 45,894 |
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