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SCF WESTCHESTER N. Y. EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — SCF WESTCHESTER N. Y. EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in WHITE PLAINS, NY with 1 branch location and about $1.79 million in total assets. Opened 53 years ago in 1973, SCF WESTCHESTER N. Y. EMPLOYEES FEDERAL CREDIT UNION has about 372 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SCF WESTCHESTER N. Y. EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
1000 Westchester Ave
WHITE PLAINS, NY 10610
Phone:(914) 694-3421
Fax:(914) 697-4149
Website:n/a
Branches:1 branch locations
Members:372
Credit Union Type:Federal Credit Union
Charter Number:21231
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1973
Last Audited:Mar 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$1,792,643
CEO/Manager:Kim Sanchez-Tookes
Chairperson:Carol Jefferson-Eaddy

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,207,778
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 337,207
 Other Loans 131,174
 TOTAL LOANS 468,381
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,524
 Land And Building 0
 Other Fixed Assets 5,769
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 9,814
 All Other Assets 0
  TOTAL ASSETS 1,792,643
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -9,824
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,430,601
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,430,601
  TOTAL LIABILITIES 1,420,777
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 371,866
  TOTAL EQUITY 371,866
  TOTAL LIABILITIES, SHARES, & EQUITY 1,792,643
INCOME & EXPENSE  
 Loan Income 33,560
 Investment Income 11,173
 Other Income 876
 Total Employee Compensation & Benefits 14,612
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses -1,278
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 57
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 32,218
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