Sep, 30, 2025 — GREATER WOODLAWN FEDERAL CREDIT UNION is a federal credit union headquartered in BLASDELL, NY with 3 branch locations and about $161.68 million in total assets. Opened 58 years ago in 1968, GREATER WOODLAWN FEDERAL CREDIT UNION has about 12,593 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREATER WOODLAWN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3811 LAKE SHORE RD BLASDELL, NY 14219 |
| Phone: | (716) 826-6427 |
| Fax: | (716) 824-2281 |
| Website: | https://www.grwfcu.com |
| Branches: | 3 branch locations |
| Members: | 12,593 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18800 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $161,677,807 |
| CEO/Manager: | SHIRLEY MEYER |
| Chairperson: | JIM QUEER |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 48,440,942 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 54,168,931 |
| Unsecured Loans | 4,851,065 |
| Other Loans | 8,548,163 |
| TOTAL LOANS | 67,568,159 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -190,177 |
| Land And Building | 2,876,398 |
| Other Fixed Assets | 58,826 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,198,932 |
| All Other Assets | 0 |
| TOTAL ASSETS | 161,677,807 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,949 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 392,582 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 19,164,454 |
| Regular shares | 74,898,433 |
| All Other Shares & Deposits | 28,916,950 |
| TOTAL SHARES & DEPOSITS | 122,979,837 |
| TOTAL LIABILITIES | 123,375,368 |
| Regular Reserve | 0 |
| Other Reserves | 2,271,285 |
| Undivided Earnings | 36,031,154 |
| TOTAL EQUITY | 38,302,439 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 161,677,807 |
| INCOME & EXPENSE | |
| Loan Income | 2,467,171 |
| Investment Income | 2,398,597 |
| Other Income | 59,692 |
| Total Employee Compensation & Benefits | 914,369 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,111,682 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -100,000 |
| Cost of Funds | 949,490 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,211,575 |
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