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SYRACUSE POSTAL FEDERAL CREDIT UNION

Mar, 31, 2021 — SYRACUSE POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $17.58 million in total assets. Opened 87 years ago in 1934, SYRACUSE POSTAL FEDERAL CREDIT UNION has about 1,307 members and employs 4 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:1,307
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:$17,575,074
CEO/Manager:Tanya K Buffham
Chairperson:robert m medico

Call Report

  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,185,180
TOTAL INVESTMENTS 9,598,871
Loans Held for Sale 0
 
 Real Estate Loans 44,867
 Unsecured Loans 1,081,148
 Other Loans 567,311
 TOTAL LOANS 1,693,326
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -42,315
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 128,319
 All Other Assets 11,693
  TOTAL ASSETS 17,575,074
LIABILITIES & CAPITAL:  
 Dividends Payable 7,129
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 197,773
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,199,469
 Regular shares 12,707,445
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 15,906,914
  TOTAL LIABILITIES 16,111,816
 Regular Reserve 112,483
 Other Reserves 0
 Undivided Earnings 1,350,775
  TOTAL EQUITY 1,463,258
  TOTAL LIABILITIES, SHARES, & EQUITY 17,575,074
INCOME & EXPENSE  
 Loan Income 30,732
 Investment Income 45,292
 Other Income 3,811
 Total Employee Compensation & Benefits 34,675
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 28,609
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,301
 Cost of Funds 11,024
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -605
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