Credit Unions Near Me
National Credit Union Service Organization

STATE EMPLOYEES FEDERAL CREDIT UNION (SEFCU)

Dec, 31, 2023 — STATE EMPLOYEES FEDERAL CREDIT UNION (SEFCU) is a federal credit union headquartered in ALBANY, NY with 66 branch locations and about $9.03 billion in total assets. Opened 90 years ago in 1934, STATE EMPLOYEES FEDERAL CREDIT UNION (SEFCU) has about 484,531 members and employs 1,532 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 221373383
Name:STATE EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
4 Winners Cir
ALBANY, NY 12205-1121
Phone:(518) 458-8986
Fax:(518) 458-2261
Website:https://www.broadviewfcu.com
Branches:66 branch locations
Members:484,531
Credit Union Type:Federal Credit Union
Charter Number:51
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1934
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$9,026,817,759
CEO/Manager:Michael J Castellana
Chairperson:Patrick Kelly

Call Report

  • First Time Homebuyer Program
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 553,694,410
TOTAL INVESTMENTS 0
Loans Held for Sale 41,570,505
 
 Real Estate Loans 4,533,042,395
 Unsecured Loans 463,907,275
 Other Loans 1,648,069,384
 TOTAL LOANS 6,645,019,054
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -66,362,756
 Land And Building 54,298,645
 Other Fixed Assets 37,352,851
 NCUSIF Deposit 67,714,831
 All Other Assets 1,779,136
  TOTAL ASSETS 9,026,817,759
LIABILITIES & CAPITAL:  
 Dividends Payable 18,366
 Notes & Interest Payable 1,002,040,116
 Accounts Payable & Other Liabilities 122,043,277
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,535,341,071
 Regular shares 2,071,660,455
 All Other Shares & Deposits 3,700,183,976
  TOTAL SHARES & DEPOSITS 7,307,185,501
  TOTAL LIABILITIES 8,431,726,295
 Regular Reserve 0
 Other Reserves 164,583,215
 Undivided Earnings 430,508,249
  TOTAL EQUITY 595,091,464
  TOTAL LIABILITIES, SHARES, & EQUITY 9,026,817,759
INCOME & EXPENSE  
 Loan Income 301,829,328
 Investment Income 35,684,702
 Other Income 35,058,221
 Total Employee Compensation & Benefits 159,293,477
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 125,514,244
 Non-operating Income & (Expense) 127,541
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 13,971,665
 Cost of Funds 111,651,384
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 24,748,145
↑ Back to Top

Other Credit Unions

NEWSPAPER EMPLOYEES CREDIT UNION
645 ALBANY SHAKER ROAD
ALBANY, NY 12211-1158
STRATTON AIR NATIONAL GUARD FEDERAL CREDIT UNION
1 air national guard rd
SCOTIA, NY 12302
NORTON-TROY EMPLOYEES CREDIT UNION
35 NIVER ST, C/O HUDSON RIVER COMMU
COHOES, NY 12047-4711
SCHENECTADY COUNTY EMPLOYEES FEDERAL CREDIT UNION
388 Broadway
SCHENECTADY, NY 12305
DIRECTORS CHOICE CREDIT UNION
1 South Family Drive
ALBANY, NY 12205
ALBANY FIREMENS FEDERAL CREDIT UNION
532 central ave
ALBANY, NY 12206
MOHAWK PROGRESSIVE FEDERAL CREDIT UNION
1760 State St
SCHENECTADY, NY 12304-1956
FASNY FEDERAL CREDIT UNION
107 Washington Ave
ALBANY, NY 12210-2231
FIRST NEW YORK FEDERAL CREDIT UNION
2 Wall St
ALBANY, NY 12205-3845