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BROCKPORT FEDERAL CREDIT UNION

Dec, 31, 2020 — BROCKPORT FEDERAL CREDIT UNION is a federal credit union headquartered in Brockport, NY with 2 branch locations and about $13.64 million in total assets. Opened 51 years ago in 1970, BROCKPORT FEDERAL CREDIT UNION has about 1,388 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BROCKPORT FEDERAL CREDIT UNION
Address:
(Main Office)
400 West Ave
Brockport, NY 14420-1122
Phone:(585) 637-9179
Fax:(585) 637-9170
Website:http://www.brockportfcu.org
Branches:2 branch locations
Members:1,388
Credit Union Type:Federal Credit Union
Charter Number:20013
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1970
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$13,637,853
CEO/Manager:Matthew E Wieczorek
Chairperson:Susan Parrino

Call Report

  • Credit Builder
  • Overdraft Lines of Credit
  • Pay Day Loans
  • Real Estate Loans
  • Risk Based Loans
  • Payday Alternative Loans (PAL Loans)
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,675,251
TOTAL INVESTMENTS 2,136,866
Loans Held for Sale 0
 
 Real Estate Loans 3,744,775
 Unsecured Loans 1,115,320
 Other Loans 2,494,569
 TOTAL LOANS 7,354,664
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -112,706
 Land And Building 421,306
 Other Fixed Assets 20,838
 NCUSIF Deposit 99,662
 All Other Assets 41,972
  TOTAL ASSETS 13,637,853
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 47,568
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,619,998
 Regular shares 6,279,281
 All Other Shares & Deposits 3,579,855
  TOTAL SHARES & DEPOSITS 12,479,134
  TOTAL LIABILITIES 12,526,702
 Regular Reserve 78,698
 Other Reserves 0
 Undivided Earnings 1,032,453
  TOTAL EQUITY 1,111,151
  TOTAL LIABILITIES, SHARES, & EQUITY 13,637,853
INCOME & EXPENSE  
 Loan Income 519,063
 Investment Income 46,252
 Other Income 172,917
 Total Employee Compensation & Benefits 205,031
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 425,071
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 38,410
 Cost of Funds 69,342
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 378
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