Dec, 31, 2023 — AFFINITY ONE FEDERAL CREDIT UNION is a federal credit union headquartered in JAMESTOWN, NY with 2 branch locations and about $44.51 million in total assets. Opened 76 years ago in 1948, AFFINITY ONE FEDERAL CREDIT UNION has about 3,735 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | AFFINITY ONE FEDERAL CREDIT UNION |
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Address: (Main Office) | 545 E 2nd St JAMESTOWN, NY 14701 |
Phone: | (716) 483-2798 |
Fax: | (716) 483-6136 |
Website: | https://affinityonefcu.org |
Branches: | 2 branch locations |
Members: | 3,735 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5785 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1948 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $44,508,524 |
CEO/Manager: | Melinda J Best |
Chairperson: | Timothy C Adam |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,938,520 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 11,628,819 |
Unsecured Loans | 1,544,648 |
Other Loans | 14,460,661 |
TOTAL LOANS | 27,634,131 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -78,471 |
Land And Building | 1,022,305 |
Other Fixed Assets | 74,691 |
NCUSIF Deposit | 403,918 |
All Other Assets | 0 |
TOTAL ASSETS | 44,508,524 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -120,770 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,985,261 |
Regular shares | 27,242,859 |
All Other Shares & Deposits | 5,999,847 |
TOTAL SHARES & DEPOSITS | 40,227,968 |
TOTAL LIABILITIES | 40,107,198 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 4,401,326 |
TOTAL EQUITY | 4,401,326 |
TOTAL LIABILITIES, SHARES, & EQUITY | 44,508,524 |
INCOME & EXPENSE | |
Loan Income | 1,130,534 |
Investment Income | 237,470 |
Other Income | 171,554 |
Total Employee Compensation & Benefits | 883,277 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 739,797 |
Non-operating Income & (Expense) | 9,469 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 62,776 |
Cost of Funds | 87,771 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 12,107 |
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» See also Statement of Financial Condition