Sep, 30, 2025 — GENESEE VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in GENESEO, NY with 4 branch locations and about $167.31 million in total assets. Opened 52 years ago in 1974, GENESEE VALLEY FEDERAL CREDIT UNION has about 9,596 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: | GENESEE VALLEY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4621 Millennium Dr GENESEO, NY 14454 |
| Phone: | (585) 243-1500 |
| Fax: | (585) 243-4143 |
| Website: | https://www.geneseevalleyfcu.com |
| Branches: | 4 branch locations |
| Members: | 9,596 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21658 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1974 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $167,309,021 |
| CEO/Manager: | Gerard Koehler |
| Chairperson: | Daniel R Johnson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 27,863,602 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 49,700,211 |
| Unsecured Loans | 4,842,421 |
| Other Loans | 25,480,966 |
| TOTAL LOANS | 80,092,202 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -433,168 |
| Land And Building | 1,347,175 |
| Other Fixed Assets | 165,260 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,377,947 |
| All Other Assets | 0 |
| TOTAL ASSETS | 167,309,021 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,071,948 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 33,410,569 |
| Regular shares | 61,813,413 |
| All Other Shares & Deposits | 44,519,733 |
| TOTAL SHARES & DEPOSITS | 139,743,716 |
| TOTAL LIABILITIES | 140,815,664 |
| Regular Reserve | 0 |
| Other Reserves | 1,525,172 |
| Undivided Earnings | 24,968,185 |
| TOTAL EQUITY | 26,493,357 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 167,309,021 |
| INCOME & EXPENSE | |
| Loan Income | 3,743,008 |
| Investment Income | 2,295,885 |
| Other Income | 135,405 |
| Total Employee Compensation & Benefits | 1,929,154 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,338,180 |
| Non-operating Income & (Expense) | 425,712 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 105,757 |
| Cost of Funds | 940,662 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,306,458 |
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