Credit Unions Near Me
National Credit Union Service Organization

N Y TEAM FEDERAL CREDIT UNION

Mar, 31, 2021 — N Y TEAM FEDERAL CREDIT UNION is a federal credit union headquartered in HICKSVILLE, NY with 4 branch locations and about $46.90 million in total assets. Opened 52 years ago in 1969, N Y TEAM FEDERAL CREDIT UNION has about 5,627 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:N Y TEAM FEDERAL CREDIT UNION
Address:
(Main Office)
65 BROADWAY
HICKSVILLE, NY 11801
Phone:(516) 822-1070
Fax:(516) 822-2478
Website:http://www.nyteamfcu.org
Branches:4 branch locations
Members:5,627
Credit Union Type:Federal Credit Union
Charter Number:19216
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1969
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$46,901,758
CEO/Manager:Robert X Young Jr.
Chairperson:David Williams

Call Report

  • Overdraft Protection
  • Participation Loans
  • Pay Day Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • Payday Alternative Loans (PAL Loans)
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,295,043
TOTAL INVESTMENTS 15,820,275
Loans Held for Sale 0
 
 Real Estate Loans 7,415,694
 Unsecured Loans 8,833,869
 Other Loans 3,671,181
 TOTAL LOANS 19,920,744
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -66,649
 Land And Building 523,285
 Other Fixed Assets 414,597
 NCUSIF Deposit 348,917
 All Other Assets 1,645,546
  TOTAL ASSETS 46,901,758
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 259,672
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,659,590
 Regular shares 33,700,798
 All Other Shares & Deposits 2,579,692
  TOTAL SHARES & DEPOSITS 44,940,080
  TOTAL LIABILITIES 45,199,752
 Regular Reserve 1,540,932
 Other Reserves -596,526
 Undivided Earnings 757,600
  TOTAL EQUITY 1,702,006
  TOTAL LIABILITIES, SHARES, & EQUITY 46,901,758
INCOME & EXPENSE  
 Loan Income 315,777
 Investment Income 43,138
 Other Income 118,027
 Total Employee Compensation & Benefits 269,836
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 217,678
 Non-operating Income & (Expense) -3,750
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 897
 Cost of Funds 4,480
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -10,453
↑ Back to Top

Other Credit Unions

US WEATHER BUREAU NY FEDERAL CREDIT UNION
59 Division St
WESTBURY, NY 11590
VARICK MEMORIAL FEDERAL CREDIT UNION
Post Office Box 403
UNIONDALE, NY 11553-0403
LATVIAN FEDERAL CREDIT UNION
4 RIGA LN
MELVILLE, NY 11747-3406
MSBA EMPLOYEES FEDERAL CREDIT UNION
700 Commercial Ave
GARDEN CITY, NY 11530-6410
BRANCH 6000 NALC CREDIT UNION
630 Broadway
AMITYVILLE, NY 11701
THE HEART CENTER FEDERAL CREDIT UNION
100 PORT WASHINGTON BLVD
ROSLYN, NY 11576
METRO REALTORS FEDERAL CREDIT UNION
300 SUNRISE HHWY
WEST BABYLON, NY 11704-5902
NASSAU FINANCIAL FEDERAL CREDIT UNION
865 MERRICK AVENUE, SUITE 250N
WESTBURY, NY 11590
LUFTHANSA EMP. FEDERAL CREDIT UNION
1900 HEMPSTEAD TPKE STE 408
EAST MEADOW, NY 11554