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FASNY FEDERAL CREDIT UNION

Jun, 30, 2021 — FASNY FEDERAL CREDIT UNION is a federal credit union headquartered in ALBANY, NY with 1 branch location and about $15.12 million in total assets. Opened 18 years ago in 2003, FASNY FEDERAL CREDIT UNION has about 1,070 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:1,070
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:$15,123,997
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 2,497,494
TOTAL INVESTMENTS 6,312,861
Loans Held for Sale 0
 
 Real Estate Loans 1,738,322
 Unsecured Loans 960,452
 Other Loans 3,436,259
 TOTAL LOANS 6,135,033
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -46,975
 Land And Building 0
 Other Fixed Assets 17,680
 NCUSIF Deposit 106,322
 All Other Assets 101,582
  TOTAL ASSETS 15,123,997
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,265
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,986,352
 Regular shares 6,982,481
 All Other Shares & Deposits 2,354,824
  TOTAL SHARES & DEPOSITS 13,323,657
  TOTAL LIABILITIES 13,334,922
 Regular Reserve 0
 Other Reserves 5,000
 Undivided Earnings 1,784,075
  TOTAL EQUITY 1,789,075
  TOTAL LIABILITIES, SHARES, & EQUITY 15,123,997
INCOME & EXPENSE  
 Loan Income 152,466
 Investment Income 33,731
 Other Income 6,766
 Total Employee Compensation & Benefits 83,231
 NCUSIF Premiums Expense 3,082
 Total Other Operating Expenses 88,219
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -7,799
 Cost of Funds 16,236
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 34,806
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