Credit Unions Near Me
National Credit Union Service Organization

LOCAL 41 I.B.E.W. FEDERAL CREDIT UNION

Mar, 31, 2021 — LOCAL 41 I.B.E.W. FEDERAL CREDIT UNION is a federal credit union headquartered in ORCHARD PARK, NY with 1 branch location and about $14.66 million in total assets. Opened 45 years ago in 1976, LOCAL 41 I.B.E.W. FEDERAL CREDIT UNION has about 1,633 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCAL 41 I.B.E.W. FEDERAL CREDIT UNION
Address:
(Main Office)
3564 CALIFORNIA ROAD
ORCHARD PARK, NY 14127
Phone:(716) 662-6133
Fax:(716) 662-0160
Website:http://www.local41fcu.com
Branches:1 branch locations
Members:1,633
Credit Union Type:Federal Credit Union
Charter Number:22447
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1976
Last Audited:May 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$14,657,491
CEO/Manager:Stacy L Bognar
Chairperson:Richard Ehlers

Call Report

  • Credit Builder
  • Overdraft Lines of Credit
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,076,851
TOTAL INVESTMENTS 5,220,322
Loans Held for Sale 0
 
 Real Estate Loans 3,514,740
 Unsecured Loans 668,929
 Other Loans 3,021,748
 TOTAL LOANS 7,205,417
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -30,542
 Land And Building 0
 Other Fixed Assets 51,905
 NCUSIF Deposit 101,437
 All Other Assets 32,101
  TOTAL ASSETS 14,657,491
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,006
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,314,491
 Regular shares 11,118,504
 All Other Shares & Deposits 20,443
  TOTAL SHARES & DEPOSITS 13,453,438
  TOTAL LIABILITIES 13,460,444
 Regular Reserve 181,595
 Other Reserves 0
 Undivided Earnings 1,015,452
  TOTAL EQUITY 1,197,047
  TOTAL LIABILITIES, SHARES, & EQUITY 14,657,491
INCOME & EXPENSE  
 Loan Income 73,837
 Investment Income 6,654
 Other Income 13,527
 Total Employee Compensation & Benefits 42,418
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 48,942
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 265
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,725
↑ Back to Top

Other Credit Unions

ST. JOHNS BUFFALO FEDERAL CREDIT UNION
2322 SENECA STREET
BUFFALO, NY 14210
I C S FEDERAL CREDIT UNION
PO BOX 32
ELMA, NY 14059
SLOAN PUBLIC SCHOOLS FEDERAL CREDIT UNION
305 Cayuga Creek Road
CHEEKTOWAGA, NY 14227-1707
SOUTH TOWNS COMMUNITY FEDERAL CREDIT UNION
3040 S PARK AVE
LACKAWANNA, NY 14218-2643
CADETS FEDERAL CREDIT UNION
1751 TRANSIT ROAD
ELMA, NY 14059
CHEEKTOWAGA COMMUNITY FEDERAL CREDIT UNION
3234 Union Road
CHEEKTOWAGA, NY 14227
TOWN OF CHEEKTOWAGA FEDERAL CREDIT UNION
3251 BROADWAY ST
CHEEKTOWAGA, NY 14227-1033
EMPIRE ONE FEDERAL CREDIT UNION
3020 Orchard Park Rd
WEST SENECA, NY 14224
WESTERN NEW YORK FEDERAL CREDIT UNION
1937 Union Rd
WEST SENECA, NY 14224
CROSSROADS COMMUNITY FEDERAL CREDIT UNION
3031 WILLIAM STREET
CHEEKTOWAGA, NY 14227