Jun, 30, 2024 — UNITED NATIONS FEDERAL CREDIT UNION is a federal credit union headquartered in LONG ISLAND CITY, NY with 3 branch locations and about $7.83 billion in total assets. Opened 78 years ago in 1947, UNITED NATIONS FEDERAL CREDIT UNION has about 198,383 members and employs 692 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UNITED NATIONS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2401 44th Rd LONG ISLAND CITY, NY 11101 |
| Phone: | (347) 686-6660 |
| Fax: | |
| Website: | https://www.unfcu.org |
| Branches: | 3 branch locations |
| Members: | 198,383 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5588 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1947 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $7,829,172,472 |
| CEO/Manager: | John Lewis |
| Chairperson: | Kumiko Matsuura-Mueller |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 37,752,388 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 1,274,922 |
| Real Estate Loans | 4,175,674,130 |
| Unsecured Loans | 745,331,343 |
| Other Loans | 49,305,862 |
| TOTAL LOANS | 4,970,311,335 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,044,192 |
| Land And Building | 88,439,393 |
| Other Fixed Assets | 12,582,546 |
| NCUSIF Deposit | 59,902,541 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,829,172,472 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 92,929 |
| Notes & Interest Payable | 14,700,000 |
| Accounts Payable & Other Liabilities | 45,419,473 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,273,912,185 |
| Regular shares | 4,720,044,270 |
| All Other Shares & Deposits | 1,196,557,734 |
| TOTAL SHARES & DEPOSITS | 7,190,514,189 |
| TOTAL LIABILITIES | 7,250,726,591 |
| Regular Reserve | 0 |
| Other Reserves | -166,419,705 |
| Undivided Earnings | 744,865,586 |
| TOTAL EQUITY | 578,445,881 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,829,172,472 |
| INCOME & EXPENSE | |
| Loan Income | 129,739,415 |
| Investment Income | 25,262,416 |
| Other Income | 24,207,316 |
| Total Employee Compensation & Benefits | 78,198,688 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 46,699,437 |
| Non-operating Income & (Expense) | -5,391,826 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -260,000 |
| Cost of Funds | 15,852,857 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 44,353,719 |
| ↑ Back to Top | |