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CROSSROADS COMMUNITY FEDERAL CREDIT UNION

Sep, 30, 2025 — CROSSROADS COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in CHEEKTOWAGA, NY with 2 branch locations and about $92.28 million in total assets. Opened 88 years ago in 1938, CROSSROADS COMMUNITY FEDERAL CREDIT UNION has about 5,296 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:CROSSROADS COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
3031 William St
CHEEKTOWAGA, NY 14227
Phone:(716) 896-8084
Fax:(716) 896-8086
Website:https://www.crcfcu.com
Branches:2 branch locations
Members:5,296
Credit Union Type:Federal Credit Union
Charter Number:2508
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1938
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$92,281,356
CEO/Manager:Kimberly D Turski
Chairperson:Joseph J Porempski

Call Report

  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 16,059,127
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 12,954,294
 Unsecured Loans 2,092,110
 Other Loans 8,318,542
 TOTAL LOANS 23,364,946
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -174,508
 Land And Building 263,522
 Other Fixed Assets 42,209
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 746,165
 All Other Assets 0
  TOTAL ASSETS 92,281,356
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 80,032
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,642,358
 Regular shares 53,133,721
 All Other Shares & Deposits 13,820,754
  TOTAL SHARES & DEPOSITS 78,596,833
  TOTAL LIABILITIES 78,676,865
 Regular Reserve 0
 Other Reserves 1,803,331
 Undivided Earnings 11,801,160
  TOTAL EQUITY 13,604,491
  TOTAL LIABILITIES, SHARES, & EQUITY 92,281,356
INCOME & EXPENSE  
 Loan Income 956,861
 Investment Income 2,152,855
 Other Income 111,898
 Total Employee Compensation & Benefits 606,009
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 726,367
 Non-operating Income & (Expense) 5,893
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 31,301
 Cost of Funds 695,538
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,222,717
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