Sep, 30, 2025 — LONG BEACH TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in LIDO BEACH, NY with 1 branch location and about $2.63 million in total assets. Opened 87 years ago in 1939, LONG BEACH TEACHERS FEDERAL CREDIT UNION has about 359 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LONG BEACH TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 322 Lagoon Dr W LIDO BEACH, NY 11561-4908 |
| Phone: | (516) 897-2064 |
| Fax: | (516) 897-2052 |
| Website: | https://lbeach.org |
| Branches: | 1 branch locations |
| Members: | 359 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3256 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,625,186 |
| CEO/Manager: | James Fiola |
| Chairperson: | Patricia Baron |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 25,968 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 772,738 |
| Other Loans | 142,774 |
| TOTAL LOANS | 915,512 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,787 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 22,812 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,625,186 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,744 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,955,773 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,955,774 |
| TOTAL LIABILITIES | 1,957,518 |
| Regular Reserve | 0 |
| Other Reserves | 140,130 |
| Undivided Earnings | 527,538 |
| TOTAL EQUITY | 667,668 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,625,186 |
| INCOME & EXPENSE | |
| Loan Income | 55,199 |
| Investment Income | 53,816 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 42,140 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 38,134 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,096 |
| Cost of Funds | 2,780 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,865 |
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