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FIRST FRONTIER FEDERAL CREDIT UNION

Sep, 30, 2025 — FIRST FRONTIER FEDERAL CREDIT UNION is a federal credit union headquartered in LYNBROOK, NY with 1 branch location and about $513,795 in total assets. Opened 40 years ago in 1986, FIRST FRONTIER FEDERAL CREDIT UNION has about 125 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRST FRONTIER FEDERAL CREDIT UNION
Address:
(Main Office)
155 Sherman St
LYNBROOK, NY 11563-2038
Phone:(516) 599-8243
Fax:
Website:n/a
Branches:1 branch locations
Members:125
Credit Union Type:Federal Credit Union
Charter Number:24270
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1986
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$513,795
CEO/Manager:Daniel P Maloney
Chairperson:Cecil P Maloney

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 199,342
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 348,813
 Other Loans 0
 TOTAL LOANS 348,813
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -39,935
 Land And Building 0
 Other Fixed Assets 349
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 4,281
 All Other Assets 0
  TOTAL ASSETS 513,795
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 374,280
 All Other Shares & Deposits 54,017
  TOTAL SHARES & DEPOSITS 428,297
  TOTAL LIABILITIES 428,297
 Regular Reserve 0
 Other Reserves 25,028
 Undivided Earnings 60,470
  TOTAL EQUITY 85,498
  TOTAL LIABILITIES, SHARES, & EQUITY 513,795
INCOME & EXPENSE  
 Loan Income 17,657
 Investment Income 8,026
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 4,034
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 15,901
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,748
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