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CROUSE FEDERAL CREDIT UNION

Jun, 30, 2021 — CROUSE FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $20.21 million in total assets. Opened 43 years ago in 1978, CROUSE FEDERAL CREDIT UNION has about 2,225 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:CROUSE FEDERAL CREDIT UNION
Address:
(Main Office)
730 S CROUSE AVENUE
SYRACUSE, NY 13210-1754
Phone:(315) 470-7928
Fax:(315) 470-5633
Website:http://www.crousefcu.com
Branches:1 branch locations
Members:2,225
Credit Union Type:Federal Credit Union
Charter Number:22972
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1978
Last Audited:Jan 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$20,211,967
CEO/Manager:DONNA M LADLEY
Chairperson:ROSEMARY MIRRA-BRODT

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,786,947
TOTAL INVESTMENTS 11,570,228
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,280,656
 Other Loans 5,287,134
 TOTAL LOANS 6,567,790
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -41,795
 Land And Building 0
 Other Fixed Assets 126,567
 NCUSIF Deposit 166,705
 All Other Assets 35,525
  TOTAL ASSETS 20,211,967
LIABILITIES & CAPITAL:  
 Dividends Payable 3,548
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 21,500
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,606,138
 Regular shares 16,387,415
 All Other Shares & Deposits 422,899
  TOTAL SHARES & DEPOSITS 18,416,452
  TOTAL LIABILITIES 18,441,500
 Regular Reserve 310,925
 Other Reserves 0
 Undivided Earnings 1,459,542
  TOTAL EQUITY 1,770,467
  TOTAL LIABILITIES, SHARES, & EQUITY 20,211,967
INCOME & EXPENSE  
 Loan Income 164,836
 Investment Income 56,126
 Other Income 39,501
 Total Employee Compensation & Benefits 131,361
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 117,642
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,775
 Cost of Funds 26,362
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 17,561
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