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FASNY FEDERAL CREDIT UNION

Mar, 31, 2022 — FASNY FEDERAL CREDIT UNION is a federal credit union headquartered in ALBANY, NY with 1 branch location and about $14.98 million in total assets. Opened 19 years ago in 2003, FASNY FEDERAL CREDIT UNION has about 1,060 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.


ABA Routing Number: 021384365
Name:FASNY FEDERAL CREDIT UNION
Address:
(Main Office)
107 Washington Ave
ALBANY, NY 12210-2231
Phone:(518) 434-3709
Fax:(518) 434-6218
Website:http://www.fasnycu.com
Branches:1 branch locations
Members:1,060
Credit Union Type:Federal Credit Union
Charter Number:24690
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:2003
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$14,977,366
CEO/Manager:Christina M Devaney
Chairperson:Michael G Karashay

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,509,889
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,488,182
 Unsecured Loans 893,049
 Other Loans 3,089,241
 TOTAL LOANS 5,470,472
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -52,739
 Land And Building 0
 Other Fixed Assets 14,371
 NCUSIF Deposit 106,322
 All Other Assets 0
  TOTAL ASSETS 14,977,366
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,136
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,937,927
 Regular shares 6,870,694
 All Other Shares & Deposits 2,350,163
  TOTAL SHARES & DEPOSITS 13,158,784
  TOTAL LIABILITIES 13,169,920
 Regular Reserve 0
 Other Reserves 5,000
 Undivided Earnings 1,802,446
  TOTAL EQUITY 1,807,446
  TOTAL LIABILITIES, SHARES, & EQUITY 14,977,366
INCOME & EXPENSE  
 Loan Income 68,124
 Investment Income 13,069
 Other Income 2,635
 Total Employee Compensation & Benefits 41,165
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 45,520
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -2,402
 Cost of Funds 6,674
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,626
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