Jun, 30, 2024 — SECNY FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 5 branch locations and about $270.88 million in total assets. Opened 54 years ago in 1971, SECNY FEDERAL CREDIT UNION has about 15,664 members and employs 57 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: | 5 branch locations |
Members: | 15,664 |
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: | Apr 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $270,882,041 |
CEO/Manager: | Walter M Bobesky |
Chairperson: | Joseph Simmons |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 13,605,416 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 104,551,329 |
Unsecured Loans | 10,680,619 |
Other Loans | 26,573,174 |
TOTAL LOANS | 141,805,122 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -553,111 |
Land And Building | 5,409,658 |
Other Fixed Assets | 123,404 |
NCUSIF Deposit | 2,262,884 |
All Other Assets | 27,256 |
TOTAL ASSETS | 270,882,041 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 88 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,729,060 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 55,259,387 |
Regular shares | 112,812,896 |
All Other Shares & Deposits | 80,735,426 |
TOTAL SHARES & DEPOSITS | 248,807,709 |
TOTAL LIABILITIES | 251,536,857 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 19,345,184 |
TOTAL EQUITY | 19,345,184 |
TOTAL LIABILITIES, SHARES, & EQUITY | 270,882,041 |
INCOME & EXPENSE | |
Loan Income | 3,930,810 |
Investment Income | 1,160,350 |
Other Income | 731,054 |
Total Employee Compensation & Benefits | 2,848,809 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,492,183 |
Non-operating Income & (Expense) | -26,722 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 54,000 |
Cost of Funds | 222,334 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 872,614 |
↑ Back to Top |