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MONEY FEDERAL CREDIT UNION

Jun, 30, 2021 — MONEY FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $52.06 million in total assets. Opened 45 years ago in 1976, MONEY FEDERAL CREDIT UNION has about 4,017 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 221382031
Name:MONEY FEDERAL CREDIT UNION
Address:
(Main Office)
100 MADISON ST
SYRACUSE, NY 13202
Phone:(315) 671-4000
Fax:(315) 671-4030
Website:http://www.moneyfcu.org
Branches:1 branch locations
Members:4,017
Credit Union Type:Federal Credit Union
Charter Number:22566
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1976
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$52,057,832
CEO/Manager:Linda Fitzgibbons
Chairperson:Jason Kaczor

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,294,648
TOTAL INVESTMENTS 18,397,237
Loans Held for Sale 0
 
 Real Estate Loans 12,568,773
 Unsecured Loans 4,185,581
 Other Loans 6,100,717
 TOTAL LOANS 22,855,071
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -146,404
 Land And Building 0
 Other Fixed Assets 52,429
 NCUSIF Deposit 402,712
 All Other Assets 202,139
  TOTAL ASSETS 52,057,832
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 231,376
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,493,520
 Regular shares 17,918,207
 All Other Shares & Deposits 19,263,706
  TOTAL SHARES & DEPOSITS 45,675,433
  TOTAL LIABILITIES 45,906,809
 Regular Reserve 684,143
 Other Reserves 35,546
 Undivided Earnings 5,431,334
  TOTAL EQUITY 6,151,023
  TOTAL LIABILITIES, SHARES, & EQUITY 52,057,832
INCOME & EXPENSE  
 Loan Income 526,424
 Investment Income 121,837
 Other Income 18,543
 Total Employee Compensation & Benefits 332,934
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 280,448
 Non-operating Income & (Expense) 68,096
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,000
 Cost of Funds 58,970
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 117,214
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