Sep, 30, 2025 — ELEKTRA FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $31.70 million in total assets. Opened 86 years ago in 1940, ELEKTRA FEDERAL CREDIT UNION has about 5,820 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ELEKTRA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 124 W 30th St Rm 211 NEW YORK, NY 10001 |
| Phone: | (212) 868-7128 |
| Fax: | (212) 268-0875 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 5,820 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4127 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Aug 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $31,704,023 |
| CEO/Manager: | Mark D Williams |
| Chairperson: | Ashley Hamilton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 565,796 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,338,456 |
| Other Loans | 127,954 |
| TOTAL LOANS | 2,466,410 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,085 |
| Land And Building | 0 |
| Other Fixed Assets | 73,720 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 299,512 |
| All Other Assets | 0 |
| TOTAL ASSETS | 31,704,023 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 15,518 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 24,504,845 |
| All Other Shares & Deposits | 6,695 |
| TOTAL SHARES & DEPOSITS | 24,511,540 |
| TOTAL LIABILITIES | 24,527,065 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 7,176,958 |
| TOTAL EQUITY | 7,176,958 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 31,704,023 |
| INCOME & EXPENSE | |
| Loan Income | 179,526 |
| Investment Income | 445,343 |
| Other Income | 556 |
| Total Employee Compensation & Benefits | 276,273 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 232,279 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 100,000 |
| Cost of Funds | 46,554 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 26,139 |
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