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GREAT NECK SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — GREAT NECK SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GREAT NECK, NY with 0 branch location and about $2.84 million in total assets. Opened 81 years ago in 1945, GREAT NECK SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 343 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GREAT NECK SCHOOL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
345 Lakeville Rd
GREAT NECK, NY 11020-1639
Phone:(516) 441-4068
Fax:
Website:n/a
Branches:0 branch locations
Members:343
Credit Union Type:Federal Credit Union
Charter Number:5163
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1945
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$2,839,023
CEO/Manager:Flaviano Pereira
Chairperson:Jennifer R DiPalo

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 833,802
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,183,956
 Other Loans 625,292
 TOTAL LOANS 1,809,248
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -38,934
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 20,450
 All Other Assets 0
  TOTAL ASSETS 2,839,023
LIABILITIES & CAPITAL:  
 Dividends Payable 1,451
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 213,553
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,891,899
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,891,899
  TOTAL LIABILITIES 2,106,903
 Regular Reserve 0
 Other Reserves 244,460
 Undivided Earnings 487,660
  TOTAL EQUITY 732,120
  TOTAL LIABILITIES, SHARES, & EQUITY 2,839,023
INCOME & EXPENSE  
 Loan Income 105,040
 Investment Income 11,960
 Other Income 13
 Total Employee Compensation & Benefits 108,168
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 3,004
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,900
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,941
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