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SLOAN PUBLIC SCHOOLS FEDERAL CREDIT UNION

Jun, 30, 2021 — SLOAN PUBLIC SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in Cheektowaga, NY with 1 branch location and about $2.25 million in total assets. Opened 51 years ago in 1970, SLOAN PUBLIC SCHOOLS FEDERAL CREDIT UNION has about 489 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SLOAN PUBLIC SCHOOLS FEDERAL CREDIT UNION
Address:
(Main Office)
305 Cayuga Creek Road
Cheektowaga, NY 14227-1707
Phone:(716) 897-7800
Fax:
Website:n/a
Branches:1 branch locations
Members:489
Credit Union Type:Federal Credit Union
Charter Number:20292
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1970
Last Audited:Aug 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,252,328
CEO/Manager:Tina Roskwitalski
Chairperson:Sue Kempa

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 486,227
TOTAL INVESTMENTS 10,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 573,027
 Other Loans 1,176,552
 TOTAL LOANS 1,749,579
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -19,914
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 20,929
 All Other Assets 5,507
  TOTAL ASSETS 2,252,328
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,191
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,987,999
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,987,999
  TOTAL LIABILITIES 1,995,190
 Regular Reserve 32,108
 Other Reserves 0
 Undivided Earnings 225,030
  TOTAL EQUITY 257,138
  TOTAL LIABILITIES, SHARES, & EQUITY 2,252,328
INCOME & EXPENSE  
 Loan Income 33,878
 Investment Income 161
 Other Income 49
 Total Employee Compensation & Benefits 20,598
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,162
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 927
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,401
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