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National Credit Union Service Organization

U S COURT HOUSE SDNY FEDERAL CREDIT UNION

Mar, 31, 2022 — U S COURT HOUSE SDNY FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $3.60 million in total assets. Opened 73 years ago in 1949, U S COURT HOUSE SDNY FEDERAL CREDIT UNION has about 472 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:U S COURT HOUSE SDNY FEDERAL CREDIT UNION
Address:
(Main Office)
40 Foley Sq Rm 507
NEW YORK, NY 10007
Phone:(212) 349-0406
Fax:(212) 619-1660
Website:http://www.fcucourthouse.org
Branches:1 branch locations
Members:472
Credit Union Type:Federal Credit Union
Charter Number:5973
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1949
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$3,600,870
CEO/Manager:Nora Masi
Chairperson:Cecilia Rudden

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 69,492
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,178,649
 Other Loans 617,624
 TOTAL LOANS 1,796,273
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -42,229
 Land And Building 0
 Other Fixed Assets 4,829
 NCUSIF Deposit 27,576
 All Other Assets 0
  TOTAL ASSETS 3,600,870
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 27,024
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 464,456
 Regular shares 2,011,151
 All Other Shares & Deposits 476,674
  TOTAL SHARES & DEPOSITS 2,952,281
  TOTAL LIABILITIES 2,979,305
 Regular Reserve 0
 Other Reserves 132,545
 Undivided Earnings 489,020
  TOTAL EQUITY 621,565
  TOTAL LIABILITIES, SHARES, & EQUITY 3,600,870
INCOME & EXPENSE  
 Loan Income 45,012
 Investment Income 469
 Other Income 1,814
 Total Employee Compensation & Benefits 37,655
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 33,964
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -24,307
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