Sep, 30, 2025 — URBAN UPBOUND FEDERAL CREDIT UNION is a federal credit union headquartered in LONG ISLAND CITY, NY with 2 branch locations and about $2.69 million in total assets. Opened 17 years ago in 2009, URBAN UPBOUND FEDERAL CREDIT UNION has about 1,513 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | URBAN UPBOUND FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1303B 40th Ave LONG ISLAND CITY, NY 11101 |
| Phone: | (718) 784-5050 |
| Fax: | |
| Website: | https://www.uufcu.org |
| Branches: | 2 branch locations |
| Members: | 1,513 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24823 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 2009 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,693,510 |
| CEO/Manager: | Chhanda Sutton |
| Chairperson: | Mitchell G Taylor |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,277,256 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 122,258 |
| Other Loans | 3,702 |
| TOTAL LOANS | 125,969 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -69,628 |
| Land And Building | 0 |
| Other Fixed Assets | 89,931 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 18,527 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,693,510 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 75,132 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 813,433 |
| Regular shares | 1,482,610 |
| All Other Shares & Deposits | 130,137 |
| TOTAL SHARES & DEPOSITS | 2,426,180 |
| TOTAL LIABILITIES | 2,501,312 |
| Regular Reserve | 0 |
| Other Reserves | 102 |
| Undivided Earnings | 192,096 |
| TOTAL EQUITY | 192,198 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,693,510 |
| INCOME & EXPENSE | |
| Loan Income | 10,638 |
| Investment Income | 48,222 |
| Other Income | 25,293 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 62,736 |
| Non-operating Income & (Expense) | 50,000 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 102,386 |
| Cost of Funds | 3,641 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -34,610 |
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