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JAMESTOWN AREA COMMUNITY FEDERAL CREDIT UNION

Sep, 30, 2025 — JAMESTOWN AREA COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in JAMESTOWN, NY with 6 branch locations and about $81.94 million in total assets. Opened 86 years ago in 1940, JAMESTOWN AREA COMMUNITY FEDERAL CREDIT UNION has about 6,304 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:JAMESTOWN AREA COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
915 E 2ND ST
JAMESTOWN, NY 14701
Phone:(716) 483-1650
Fax:(716) 483-2046
Website:https://www.jacfcu.org
Branches:6 branch locations
Members:6,304
Credit Union Type:Federal Credit Union
Charter Number:3551
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1940
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$81,940,412
CEO/Manager:Vicky L Burdick
Chairperson:Steven Maggio

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,726,204
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 13,251,416
 Unsecured Loans 2,473,647
 Other Loans 32,862,982
 TOTAL LOANS 48,588,045
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -224,890
 Land And Building 1,115,811
 Other Fixed Assets 62,937
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 708,763
 All Other Assets 0
  TOTAL ASSETS 81,940,412
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 72,495
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 19,052,460
 Regular shares 53,744,759
 All Other Shares & Deposits 724,989
  TOTAL SHARES & DEPOSITS 73,522,209
  TOTAL LIABILITIES 73,594,704
 Regular Reserve 0
 Other Reserves 631,900
 Undivided Earnings 7,713,808
  TOTAL EQUITY 8,345,708
  TOTAL LIABILITIES, SHARES, & EQUITY 81,940,412
INCOME & EXPENSE  
 Loan Income 1,921,321
 Investment Income 718,513
 Other Income 58,766
 Total Employee Compensation & Benefits 934,157
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 810,947
 Non-operating Income & (Expense) 27
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 27,302
 Cost of Funds 283,802
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 992,695
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