Dec, 31, 2023 — GREATER CHAUTAUQUA FEDERAL CREDIT UNION is a federal credit union headquartered in FALCONER, NY with 4 branch locations and about $91.65 million in total assets. Opened 84 years ago in 1940, GREATER CHAUTAUQUA FEDERAL CREDIT UNION has about 9,591 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GREATER CHAUTAUQUA FEDERAL CREDIT UNION |
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Address: (Main Office) | 51 E Main St FALCONER, NY 14733-1336 |
Phone: | (716) 665-3799 |
Fax: | (716) 665-1191 |
Website: | https://www.greatercfcu.com |
Branches: | 4 branch locations |
Members: | 9,591 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3759 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1940 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $91,649,448 |
CEO/Manager: | Kelly J Haaksma |
Chairperson: | Kelly Rhinehart |
ASSETS: | $ Amount |
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Cash & Equivalents | 13,715,397 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 10,977,610 |
Unsecured Loans | 2,787,191 |
Other Loans | 25,717,621 |
TOTAL LOANS | 39,482,422 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -383,212 |
Land And Building | 2,465,810 |
Other Fixed Assets | 230,132 |
NCUSIF Deposit | 839,173 |
All Other Assets | 48,926 |
TOTAL ASSETS | 91,649,448 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 110,105 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 13,892,105 |
Regular shares | 41,818,269 |
All Other Shares & Deposits | 27,062,089 |
TOTAL SHARES & DEPOSITS | 82,772,463 |
TOTAL LIABILITIES | 82,882,568 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 8,766,880 |
TOTAL EQUITY | 8,766,880 |
TOTAL LIABILITIES, SHARES, & EQUITY | 91,649,448 |
INCOME & EXPENSE | |
Loan Income | 2,191,370 |
Investment Income | 1,296,114 |
Other Income | 724,297 |
Total Employee Compensation & Benefits | 1,814,619 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,481,412 |
Non-operating Income & (Expense) | 23,116 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 133,900 |
Cost of Funds | 618,894 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 816,270 |
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