Sep, 30, 2025 — THE FINEST FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $34.18 million in total assets. Opened 11 years ago in 2015, THE FINEST FEDERAL CREDIT UNION has about 11,553 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | THE FINEST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 215 Park Row NEW YORK, NY 10038 |
| Phone: | (646) 661-1886 |
| Fax: | (646) 661-1093 |
| Website: | https://www.thefinestfcu.org |
| Branches: | 1 branch locations |
| Members: | 11,553 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24862 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 2015 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $34,181,036 |
| CEO/Manager: | Keith Stone |
| Chairperson: | George Mifsud |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,610,132 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 27,594,888 |
| Other Loans | 2,798,071 |
| TOTAL LOANS | 30,392,959 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,355,936 |
| Land And Building | 0 |
| Other Fixed Assets | 164,643 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 183,561 |
| All Other Assets | 0 |
| TOTAL ASSETS | 34,181,036 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 76,238 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,123,273 |
| Regular shares | 12,278,084 |
| All Other Shares & Deposits | 10,478,784 |
| TOTAL SHARES & DEPOSITS | 25,880,141 |
| TOTAL LIABILITIES | 25,956,379 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,224,657 |
| TOTAL EQUITY | 8,224,657 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 34,181,036 |
| INCOME & EXPENSE | |
| Loan Income | 2,303,792 |
| Investment Income | 116,336 |
| Other Income | 152,650 |
| Total Employee Compensation & Benefits | 917,387 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 838,431 |
| Non-operating Income & (Expense) | 2,551,689 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 981,500 |
| Cost of Funds | 408,621 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,066,400 |
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