Sep, 30, 2025 — ADIRONDACK REGIONAL FEDERAL CREDIT UNION is a federal credit union headquartered in TUPPER LAKE, NY with 3 branch locations and about $85.03 million in total assets. Opened 79 years ago in 1947, ADIRONDACK REGIONAL FEDERAL CREDIT UNION has about 7,025 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: | ADIRONDACK REGIONAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 280 Park St TUPPER LAKE, NY 12986-1909 |
| Phone: | (518) 359-2921 |
| Fax: | (518) 359-7366 |
| Website: | https://www.adkcreditunion.com |
| Branches: | 3 branch locations |
| Members: | 7,025 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5546 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $85,031,324 |
| CEO/Manager: | Basel Farhat |
| Chairperson: | Brian Dukett |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,563,354 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 30,017,486 |
| Unsecured Loans | 1,170,587 |
| Other Loans | 17,985,151 |
| TOTAL LOANS | 49,173,224 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -435,128 |
| Land And Building | 1,647,196 |
| Other Fixed Assets | 79,780 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 727,714 |
| All Other Assets | 4,690,370 |
| TOTAL ASSETS | 85,031,324 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 272,402 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,757,952 |
| Regular shares | 34,708,034 |
| All Other Shares & Deposits | 21,670,455 |
| TOTAL SHARES & DEPOSITS | 77,136,441 |
| TOTAL LIABILITIES | 77,408,843 |
| Regular Reserve | 0 |
| Other Reserves | 1,770,524 |
| Undivided Earnings | 5,851,957 |
| TOTAL EQUITY | 7,622,481 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 85,031,324 |
| INCOME & EXPENSE | |
| Loan Income | 2,198,455 |
| Investment Income | 502,754 |
| Other Income | 203,725 |
| Total Employee Compensation & Benefits | 945,248 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,413,278 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 41,592 |
| Cost of Funds | 345,274 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 704,559 |
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