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SYRACUSE POSTAL FEDERAL CREDIT UNION

Dec, 31, 2021 — SYRACUSE POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $18.02 million in total assets. Opened 88 years ago in 1934, SYRACUSE POSTAL FEDERAL CREDIT UNION has about 1,190 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SYRACUSE POSTAL FEDERAL CREDIT UNION
Address:
(Main Office)
5640 e taft rd
SYRACUSE, NY 13220
Phone:(315) 458-5550
Fax:(315) 458-9930
Website:n/a
Branches:1 branch locations
Members:1,190
Credit Union Type:Federal Credit Union
Charter Number:24387
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1934
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$18,017,891
CEO/Manager:Tanya K Buffham
Chairperson:robert m medico

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,684,894
TOTAL INVESTMENTS 9,598,871
Loans Held for Sale 0
 
 Real Estate Loans 30,206
 Unsecured Loans 1,051,384
 Other Loans 519,221
 TOTAL LOANS 1,600,811
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -39,484
 Land And Building 0
 Other Fixed Assets 6,087
 NCUSIF Deposit 151,852
 All Other Assets 14,860
  TOTAL ASSETS 18,017,891
LIABILITIES & CAPITAL:  
 Dividends Payable 3,300
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 182,140
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,226,470
 Regular shares 13,146,774
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 16,373,244
  TOTAL LIABILITIES 16,558,684
 Regular Reserve 112,483
 Other Reserves 0
 Undivided Earnings 1,346,724
  TOTAL EQUITY 1,459,207
  TOTAL LIABILITIES, SHARES, & EQUITY 18,017,891
INCOME & EXPENSE  
 Loan Income 130,135
 Investment Income 128,354
 Other Income 18,151
 Total Employee Compensation & Benefits 145,844
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 158,206
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -18,591
 Cost of Funds 45,272
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,296
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