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MAMTA FEDERAL CREDIT UNION

Mar, 31, 2021 — MAMTA FEDERAL CREDIT UNION is a federal credit union headquartered in Mamaroneck, NY with 1 branch location and about $13.08 million in total assets. Opened 83 years ago in 1938, MAMTA FEDERAL CREDIT UNION has about 1,033 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MAMTA FEDERAL CREDIT UNION
Address:
(Main Office)
1000 W Boston Post Rd, Mamaroneck H
Mamaroneck, NY 10543-3328
Phone:(914) 834-3200
Fax:(914) 834-1620
Website:http://www.mamtafcu.org
Branches:1 branch locations
Members:1,033
Credit Union Type:Federal Credit Union
Charter Number:2800
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1938
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$13,076,170
CEO/Manager:Dean H Reben
Chairperson:Joanne Rice

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,112,207
TOTAL INVESTMENTS 9,903,333
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 661,688
 Other Loans 247,133
 TOTAL LOANS 908,821
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,909
 Land And Building 0
 Other Fixed Assets 2,625
 NCUSIF Deposit 108,421
 All Other Assets 47,672
  TOTAL ASSETS 13,076,170
LIABILITIES & CAPITAL:  
 Dividends Payable 4,925
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 17,429
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,713,809
 All Other Shares & Deposits 3,030,524
  TOTAL SHARES & DEPOSITS 11,744,333
  TOTAL LIABILITIES 11,766,687
 Regular Reserve 74,421
 Other Reserves 0
 Undivided Earnings 1,235,062
  TOTAL EQUITY 1,309,483
  TOTAL LIABILITIES, SHARES, & EQUITY 13,076,170
INCOME & EXPENSE  
 Loan Income 18,511
 Investment Income 44,893
 Other Income 410
 Total Employee Compensation & Benefits 21,842
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 20,079
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 15,194
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,699
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