Sep, 30, 2025 — FAR ROCKAWAY POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in FAR ROCKAWAY, NY with 1 branch location and about $249,828 in total assets. Opened 85 years ago in 1941, FAR ROCKAWAY POSTAL FEDERAL CREDIT UNION has about 57 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FAR ROCKAWAY POSTAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1836 Mott Ave FAR ROCKAWAY, NY 11691-4206 |
| Phone: | (516) 850-0954 |
| Fax: | (516) 239-6381 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 57 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4246 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Jan 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $249,828 |
| CEO/Manager: | Bakari K Jones |
| Chairperson: | Tinaka Hobson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 116,096 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 96,561 |
| Other Loans | 0 |
| TOTAL LOANS | 96,561 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,437 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,436 |
| All Other Assets | 0 |
| TOTAL ASSETS | 249,828 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 183,445 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 183,445 |
| TOTAL LIABILITIES | 183,445 |
| Regular Reserve | 0 |
| Other Reserves | 37,033 |
| Undivided Earnings | 29,350 |
| TOTAL EQUITY | 66,383 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 249,828 |
| INCOME & EXPENSE | |
| Loan Income | 11,875 |
| Investment Income | 3,201 |
| Other Income | 535 |
| Total Employee Compensation & Benefits | 6,300 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 19,870 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -10,559 |
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