Sep, 30, 2025 — LOCAL 804 FEDERAL CREDIT UNION is a federal credit union headquartered in PORT WASHINGTON, NY with 2 branch locations and about $21.04 million in total assets. Opened 48 years ago in 1978, LOCAL 804 FEDERAL CREDIT UNION has about 3,230 members and employs 5 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 804 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 44 S Bayles Ave Ste 204 PORT WASHINGTON, NY 11050-3765 |
| Phone: | (718) 878-4622 |
| Fax: | (718) 878-4623 |
| Website: | https://www.cu804.org |
| Branches: | 2 branch locations |
| Members: | 3,230 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23144 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $21,041,940 |
| CEO/Manager: | Ysemny Abood |
| Chairperson: | Myles Dunn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 753,205 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,481,633 |
| Unsecured Loans | 5,125,556 |
| Other Loans | 5,566,172 |
| TOTAL LOANS | 14,173,361 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -333,619 |
| Land And Building | 0 |
| Other Fixed Assets | 311,418 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 143,927 |
| All Other Assets | 0 |
| TOTAL ASSETS | 21,041,940 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 8,243 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,109,297 |
| Regular shares | 10,163,438 |
| All Other Shares & Deposits | 2,195,394 |
| TOTAL SHARES & DEPOSITS | 14,468,129 |
| TOTAL LIABILITIES | 14,476,372 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 6,565,568 |
| TOTAL EQUITY | 6,565,568 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 21,041,940 |
| INCOME & EXPENSE | |
| Loan Income | 818,850 |
| Investment Income | 160,132 |
| Other Income | 185,082 |
| Total Employee Compensation & Benefits | 368,600 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 425,988 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 68,701 |
| Cost of Funds | 47,429 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 401,685 |
| ↑ Back to Top | |