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GREAT NECK SCHOOL EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2022 — GREAT NECK SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GREAT NECK, NY with 0 branch location and about $3.85 million in total assets. Opened 77 years ago in 1945, GREAT NECK SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 434 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:434
Credit Union Type:Federal Credit Union
Charter Number:5163
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1945
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$3,848,037
CEO/Manager:Flaviano Pereira
Chairperson:Richard J Castro

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,273,074
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,116,033
 Other Loans 379,753
 TOTAL LOANS 1,495,786
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -19,341
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 24,176
 All Other Assets 0
  TOTAL ASSETS 3,848,037
LIABILITIES & CAPITAL:  
 Dividends Payable 4,811
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 52,946
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,722,102
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,722,102
  TOTAL LIABILITIES 2,779,859
 Regular Reserve 0
 Other Reserves 244,460
 Undivided Earnings 823,718
  TOTAL EQUITY 1,068,178
  TOTAL LIABILITIES, SHARES, & EQUITY 3,848,037
INCOME & EXPENSE  
 Loan Income 34,474
 Investment Income 1,138
 Other Income 0
 Total Employee Compensation & Benefits 28,407
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,606
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,300
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,299
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