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 |
| 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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