Sep, 30, 2025 — TRANSIT FEDERAL CREDIT UNION is a federal credit union headquartered in VALLEY STREAM, NY with 1 branch location and about $17.19 million in total assets. Opened 52 years ago in 1974, TRANSIT FEDERAL CREDIT UNION has about 3,133 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TRANSIT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 20 N CENTRAL AVE FL 3 VALLEY STREAM, NY 11580 |
| Phone: | (718) 425-1312 |
| Fax: | (718) 845-4166 |
| Website: | https://www.atu1181.org |
| Branches: | 1 branch locations |
| Members: | 3,133 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21831 |
|---|---|
| Membership Type: | Service - Transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1974 |
| Last Audited: | Jul 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,185,073 |
| CEO/Manager: | George M Robinson |
| Chairperson: | ROBERT D'ULISSE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,064,148 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,978,775 |
| Other Loans | 308,981 |
| TOTAL LOANS | 2,287,756 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -94,238 |
| Land And Building | 0 |
| Other Fixed Assets | 12,518 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 153,709 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,185,073 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 12,176 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 21,313 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 11,374,672 |
| All Other Shares & Deposits | 3,985,597 |
| TOTAL SHARES & DEPOSITS | 15,360,270 |
| TOTAL LIABILITIES | 15,393,759 |
| Regular Reserve | 0 |
| Other Reserves | 199,465 |
| Undivided Earnings | 1,591,849 |
| TOTAL EQUITY | 1,791,314 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,185,073 |
| INCOME & EXPENSE | |
| Loan Income | 195,883 |
| Investment Income | 253,117 |
| Other Income | 8,334 |
| Total Employee Compensation & Benefits | 320,258 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 112,656 |
| Non-operating Income & (Expense) | 67,392 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 55,631 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 36,181 |
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