Sep, 30, 2025 — GENESEE CO-OP FEDERAL CREDIT UNION is a federal credit union headquartered in ROCHESTER, NY with 1 branch location and about $45.42 million in total assets. Opened 45 years ago in 1981, GENESEE CO-OP FEDERAL CREDIT UNION has about 4,584 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GENESEE CO-OP FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 395 GREGORY ST ROCHESTER, NY 14620 |
| Phone: | (585) 461-2230 |
| Fax: | (585) 461-3189 |
| Website: | https://www.genesee.coop |
| Branches: | 1 branch locations |
| Members: | 4,584 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23848 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1981 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $45,423,493 |
| CEO/Manager: | Daniel Apfel |
| Chairperson: | Marke Shelton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,729,829 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 19,381,420 |
| Unsecured Loans | 729,424 |
| Other Loans | 6,169,207 |
| TOTAL LOANS | 26,280,051 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -333,438 |
| Land And Building | 1,842,561 |
| Other Fixed Assets | 36,156 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 258,819 |
| All Other Assets | 0 |
| TOTAL ASSETS | 45,423,493 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 972 |
| Notes & Interest Payable | 4,100,933 |
| Accounts Payable & Other Liabilities | 650,135 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 2,060,000 |
| Share Drafts | 9,383,579 |
| Regular shares | 15,946,539 |
| All Other Shares & Deposits | 4,678,244 |
| TOTAL SHARES & DEPOSITS | 30,008,363 |
| TOTAL LIABILITIES | 36,820,403 |
| Regular Reserve | 0 |
| Other Reserves | 24,295 |
| Undivided Earnings | 8,578,795 |
| TOTAL EQUITY | 8,603,090 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 45,423,493 |
| INCOME & EXPENSE | |
| Loan Income | 1,127,907 |
| Investment Income | 416,729 |
| Other Income | 82,305 |
| Total Employee Compensation & Benefits | 720,467 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 752,144 |
| Non-operating Income & (Expense) | 262,683 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 141,300 |
| Cost of Funds | 120,621 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 310,109 |
| ↑ Back to Top | |