HORIZONS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.horizonsfcu.com for more information.
Sep, 30, 2025 — HORIZONS FEDERAL CREDIT UNION is a federal credit union headquartered in BINGHAMTON, NY with 4 branch locations and about $141.26 million in total assets. Opened 89 years ago in 1937, HORIZONS FEDERAL CREDIT UNION has about 13,047 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HORIZONS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 120 MAIN ST BINGHAMTON, NY 13905 |
| Phone: | (607) 724-5876 |
| Fax: | (607) 724-0613 |
| Website: | https://www.horizonsfcu.com |
| Branches: | 4 branch locations |
| Members: | 13,047 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2041 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $141,256,897 |
| CEO/Manager: | Mario DiFulvio |
| Chairperson: | Richard Felo |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,929,983 |
| TOTAL INVESTMENTS | 14,439,153 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 30,879,566 |
| Unsecured Loans | 6,144,885 |
| Other Loans | 77,857,221 |
| TOTAL LOANS | 114,881,672 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,523,103 |
| Land And Building | 1,563,477 |
| Other Fixed Assets | 73,062 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,229,190 |
| All Other Assets | 2,663,463 |
| TOTAL ASSETS | 141,256,897 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 590,341 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 23,997,552 |
| Regular shares | 58,692,173 |
| All Other Shares & Deposits | 44,853,964 |
| TOTAL SHARES & DEPOSITS | 127,543,689 |
| TOTAL LIABILITIES | 128,134,030 |
| Regular Reserve | 1,471,278 |
| Other Reserves | 0 |
| Undivided Earnings | 11,651,589 |
| TOTAL EQUITY | 13,122,867 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 141,256,897 |
| INCOME & EXPENSE | |
| Loan Income | 3,409,279 |
| Investment Income | 216,546 |
| Other Income | 436,043 |
| Total Employee Compensation & Benefits | 1,538,290 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,376,159 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 900,837 |
| Cost of Funds | 349,802 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -554,948 |
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