Jun, 30, 2024 — NEW YORK UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 2 branch locations and about $73.62 million in total assets. Opened 43 years ago in 1982, NEW YORK UNIVERSITY FEDERAL CREDIT UNION has about 9,281 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: | NEW YORK UNIVERSITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 726 Broadway Ste 110 NEW YORK, NY 10003-9616 |
| Phone: | (212) 995-3171 |
| Fax: | (212) 995-4582 |
| Website: | https://www.nyufcu.com |
| Branches: | 2 branch locations |
| Members: | 9,281 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23958 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1982 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $73,615,868 |
| CEO/Manager: | Mira Ness |
| Chairperson: | Richard Vogel |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 26,139,183 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 230,260 |
| Real Estate Loans | 14,169,274 |
| Unsecured Loans | 9,832,412 |
| Other Loans | 6,359,485 |
| TOTAL LOANS | 30,361,171 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,049,560 |
| Land And Building | 0 |
| Other Fixed Assets | 19,973 |
| NCUSIF Deposit | 599,634 |
| All Other Assets | 0 |
| TOTAL ASSETS | 73,615,868 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,029 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,692,300 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,611,522 |
| Regular shares | 39,432,793 |
| All Other Shares & Deposits | 10,351,005 |
| TOTAL SHARES & DEPOSITS | 62,395,320 |
| TOTAL LIABILITIES | 64,088,649 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 9,527,219 |
| TOTAL EQUITY | 9,527,219 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 73,615,868 |
| INCOME & EXPENSE | |
| Loan Income | 1,512,590 |
| Investment Income | 299,842 |
| Other Income | 788,675 |
| Total Employee Compensation & Benefits | 845,673 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 835,421 |
| Non-operating Income & (Expense) | 748,068 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,000 |
| Cost of Funds | 45,612 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,602,469 |
| ↑ Back to Top | |