Mar, 31, 2021 — CROUSE FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $19.75 million in total assets. Opened 43 years ago in 1978, CROUSE FEDERAL CREDIT UNION has about 2,229 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: | 2,229 |
| 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: | $19,746,908 |
| CEO/Manager: | DONNA M LADLEY |
| Chairperson: | ROSEMARY MIRRA-BRODT |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,982,185 |
| TOTAL INVESTMENTS | 9,999,228 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,231,301 |
| Other Loans | 5,221,800 |
| TOTAL LOANS | 6,453,101 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -37,360 |
| Land And Building | 0 |
| Other Fixed Assets | 82,737 |
| NCUSIF Deposit | 143,656 |
| All Other Assets | 123,361 |
| TOTAL ASSETS | 19,746,908 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,402 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,999 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,664,029 |
| Regular shares | 15,979,954 |
| All Other Shares & Deposits | 326,384 |
| TOTAL SHARES & DEPOSITS | 17,970,367 |
| TOTAL LIABILITIES | 17,991,768 |
| Regular Reserve | 310,926 |
| Other Reserves | 0 |
| Undivided Earnings | 1,444,214 |
| TOTAL EQUITY | 1,755,140 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 19,746,908 |
| INCOME & EXPENSE | |
| Loan Income | 84,311 |
| Investment Income | 27,479 |
| Other Income | 17,814 |
| Total Employee Compensation & Benefits | 59,714 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 60,350 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 12,641 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,234 |
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