Sep, 30, 2025 — PALISADES FEDERAL CREDIT UNION is a federal credit union headquartered in PEARL RIVER, NY with 3 branch locations and about $201.02 million in total assets. Opened 85 years ago in 1941, PALISADES FEDERAL CREDIT UNION has about 13,691 members and employs 38 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PALISADES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 Blue Hill Plz PEARL RIVER, NY 10965-3104 |
| Phone: | (845) 602-4242 |
| Fax: | (845) 602-4444 |
| Website: | https://www.palisadesfcu.org |
| Branches: | 3 branch locations |
| Members: | 13,691 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4480 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $201,017,754 |
| CEO/Manager: | Anthony Kurdziel |
| Chairperson: | Pamela Wiss |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,092,595 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 88,390,850 |
| Unsecured Loans | 32,220,683 |
| Other Loans | 38,302,220 |
| TOTAL LOANS | 158,913,753 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,377,857 |
| Land And Building | 0 |
| Other Fixed Assets | 248,073 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,650,774 |
| All Other Assets | 179,120 |
| TOTAL ASSETS | 201,017,754 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 5,008,616 |
| Accounts Payable & Other Liabilities | 1,692,462 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 29,870,333 |
| Regular shares | 80,694,069 |
| All Other Shares & Deposits | 68,148,987 |
| TOTAL SHARES & DEPOSITS | 178,713,390 |
| TOTAL LIABILITIES | 185,414,468 |
| Regular Reserve | 0 |
| Other Reserves | -4,035,589 |
| Undivided Earnings | 19,638,875 |
| TOTAL EQUITY | 15,603,286 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 201,017,754 |
| INCOME & EXPENSE | |
| Loan Income | 7,118,700 |
| Investment Income | 931,713 |
| Other Income | 373,525 |
| Total Employee Compensation & Benefits | 3,194,676 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,835,963 |
| Non-operating Income & (Expense) | 12,135 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 733,058 |
| Cost of Funds | 2,434,209 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -358,314 |
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