Sep, 30, 2025 — UPSTATE MILK EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LANCASTER, NY with 1 branch location and about $2.59 million in total assets. Opened 55 years ago in 1971, UPSTATE MILK EMPLOYEES FEDERAL CREDIT UNION has about 455 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UPSTATE MILK EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 368 Pleasant View Dr LANCASTER, NY 14086-1316 |
| Phone: | (716) 332-5337 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 455 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20547 |
|---|---|
| Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
| Corporate Credit Union: | No |
| Year Opened: | 1971 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,594,845 |
| CEO/Manager: | Gail E Fronczak |
| Chairperson: | Eric Place |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 491,146 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 195,810 |
| Other Loans | 679,741 |
| TOTAL LOANS | 875,551 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,955 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 21,507 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,594,845 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,491 |
| 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 | 2,340,817 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,340,816 |
| TOTAL LIABILITIES | 2,343,307 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 251,538 |
| TOTAL EQUITY | 251,538 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,594,845 |
| INCOME & EXPENSE | |
| Loan Income | 54,182 |
| Investment Income | 30,414 |
| Other Income | 735 |
| Total Employee Compensation & Benefits | 56,602 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,285 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,500 |
| Cost of Funds | 7,415 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,961 |
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