Credit Unions Near Me
National Credit Union Service Organization

SARATOGA'S COMMUNITY FEDERAL CREDIT UNION

Dec, 31, 2021 — SARATOGA'S COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in SARATOGA SPRINGS, NY with 2 branch locations and about $58.08 million in total assets. Opened 77 years ago in 1945, SARATOGA'S COMMUNITY FEDERAL CREDIT UNION has about 5,733 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SARATOGA'S COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
23 Division St
SARATOGA SPRINGS, NY 12866-2113
Phone:(518) 583-2323
Fax:(518) 583-9143
Website:https://saratogafcu.org
Branches:2 branch locations
Members:5,733
Credit Union Type:Federal Credit Union
Charter Number:5252
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1945
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$58,081,541
CEO/Manager:Donald Denofio
Chairperson:Jane Decoteau

Call Report

  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 13,489,538
TOTAL INVESTMENTS 3,548,000
Loans Held for Sale 0
 
 Real Estate Loans 23,917,557
 Unsecured Loans 6,068,566
 Other Loans 9,271,855
 TOTAL LOANS 39,257,978
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -65,978
 Land And Building 279,489
 Other Fixed Assets 16,053
 NCUSIF Deposit 495,441
 All Other Assets 1,061,020
  TOTAL ASSETS 58,081,541
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 29,623
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 18,681,151
 Regular shares 29,954,332
 All Other Shares & Deposits 6,302,476
  TOTAL SHARES & DEPOSITS 54,937,959
  TOTAL LIABILITIES 54,967,582
 Regular Reserve 1,145,581
 Other Reserves 0
 Undivided Earnings 1,968,378
  TOTAL EQUITY 3,113,959
  TOTAL LIABILITIES, SHARES, & EQUITY 58,081,541
INCOME & EXPENSE  
 Loan Income 1,623,773
 Investment Income 26,504
 Other Income 253,847
 Total Employee Compensation & Benefits 1,098,057
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,292,449
 Non-operating Income & (Expense) 17,000
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -27,580
 Cost of Funds 56,521
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 50,177
↑ Back to Top

Other Credit Unions

S I EMPLOYEES FEDERAL CREDIT UNION
233 BALLSTON AVE.
SARATOGA SPRING, NY 12866
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
STEWART'S FEDERAL CREDIT UNION
2911 State Route 9
BALLSTON SPA, NY 12020
COOPERS CAVE FEDERAL CREDIT UNION
92 Dix Ave
GLENS FALLS, NY 12801-3158
PARKS HERITAGE FEDERAL CREDIT UNION
5 Murray St
GLENS FALLS, NY 12801
TRI STATE AREA FEDERAL CREDIT UNION
28 Church St
HOOSICK FALLS, NY 12090
MOHAWK PROGRESSIVE FEDERAL CREDIT UNION
1760 State St
SCHENECTADY, NY 12304-1956