Sep, 30, 2025 — SECNY FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 6 branch locations and about $306.24 million in total assets. Opened 55 years ago in 1971, SECNY FEDERAL CREDIT UNION has about 15,943 members and employs 63 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SECNY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4727 W Seneca Tpke SYRACUSE, NY 13215-2119 |
| Phone: | (315) 469-5599 |
| Fax: | (315) 469-5921 |
| Website: | https://www.secny.org |
| Branches: | 6 branch locations |
| Members: | 15,943 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20496 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $306,243,813 |
| CEO/Manager: | Courtney B Fulmer |
| Chairperson: | Joseph Simmons |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 30,549,171 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 119,918,071 |
| Unsecured Loans | 10,920,656 |
| Other Loans | 29,943,500 |
| TOTAL LOANS | 160,782,228 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -735,168 |
| Land And Building | 7,037,511 |
| Other Fixed Assets | 385,037 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,598,967 |
| All Other Assets | 90,306 |
| TOTAL ASSETS | 306,243,813 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 814 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,257,357 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 59,590,991 |
| Regular shares | 104,175,589 |
| All Other Shares & Deposits | 116,314,173 |
| TOTAL SHARES & DEPOSITS | 280,080,752 |
| TOTAL LIABILITIES | 283,338,923 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 22,904,890 |
| TOTAL EQUITY | 22,904,890 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 306,243,813 |
| INCOME & EXPENSE | |
| Loan Income | 6,393,104 |
| Investment Income | 2,615,930 |
| Other Income | 691,301 |
| Total Employee Compensation & Benefits | 4,073,659 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,167,747 |
| Non-operating Income & (Expense) | 6,072 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 368,040 |
| Cost of Funds | 2,045,982 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 711,402 |
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