Dec, 31, 2023 — NEIGHBORHOOD TRUST FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $20.74 million in total assets. Opened 29 years ago in 1995, NEIGHBORHOOD TRUST FEDERAL CREDIT UNION has about 4,131 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NEIGHBORHOOD TRUST FEDERAL CREDIT UNION |
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Address: (Main Office) | 1112 Saint Nicholas Ave NEW YORK, NY 10032 |
Phone: | (212) 740-0900 |
Fax: | (212) 543-9120 |
Website: | https://www.neighborhoodtrustfcu.org |
Branches: | 1 branch locations |
Members: | 4,131 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24589 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1995 |
Last Audited: | Nov 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $20,737,759 |
CEO/Manager: | Monge Rafael |
Chairperson: | Robert Green |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,547,330 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 10,406,099 |
Unsecured Loans | 838,931 |
Other Loans | 473,211 |
TOTAL LOANS | 11,718,241 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -170,456 |
Land And Building | 0 |
Other Fixed Assets | 93,107 |
NCUSIF Deposit | 126,150 |
All Other Assets | 0 |
TOTAL ASSETS | 20,737,759 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,720,502 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 50,000 |
Share Drafts | 3,461,358 |
Regular shares | 8,363,580 |
All Other Shares & Deposits | 1,737,333 |
TOTAL SHARES & DEPOSITS | 13,562,271 |
TOTAL LIABILITIES | 16,332,773 |
Regular Reserve | 0 |
Other Reserves | 55,503 |
Undivided Earnings | 4,349,483 |
TOTAL EQUITY | 4,404,986 |
TOTAL LIABILITIES, SHARES, & EQUITY | 20,737,759 |
INCOME & EXPENSE | |
Loan Income | 497,282 |
Investment Income | 297,112 |
Other Income | 228,001 |
Total Employee Compensation & Benefits | 787,564 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 670,093 |
Non-operating Income & (Expense) | 1,001,323 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 78,443 |
Cost of Funds | 20,594 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 469,858 |
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» See also Statement of Financial Condition