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National Credit Union Service Organization

N.U.L. FEDERAL CREDIT UNION

Sep, 30, 2021 — N.U.L. FEDERAL CREDIT UNION is a federal credit union headquartered in New York, NY with 0 branch location and about $195,855 in total assets. Opened 52 years ago in 1970, N.U.L. FEDERAL CREDIT UNION has about 89 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:N.U.L. FEDERAL CREDIT UNION
Address:
(Main Office)
80 Pine St Fl 9
New York, NY 10005
Phone:(212) 558-5300
Fax:
Website:n/a
Branches:0 branch locations
Members:89
Credit Union Type:Federal Credit Union
Charter Number:20060
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1970
Last Audited:Apr 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$195,855
CEO/Manager:Colin Allum
Chairperson:Donald R Cravins, Jr.

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 182,547
TOTAL INVESTMENTS 1
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 678
 Other Loans 0
 TOTAL LOANS 678
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -165
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,600
 All Other Assets 11,194
  TOTAL ASSETS 195,855
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 130,982
 All Other Shares & Deposits 15,347
  TOTAL SHARES & DEPOSITS 146,329
  TOTAL LIABILITIES 146,329
 Regular Reserve 7,382
 Other Reserves 0
 Undivided Earnings 42,144
  TOTAL EQUITY 49,526
  TOTAL LIABILITIES, SHARES, & EQUITY 195,855
INCOME & EXPENSE  
 Loan Income 106
 Investment Income 53
 Other Income 60
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,497
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,013
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -7,291
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