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National Credit Union Service Organization

U S COURT HOUSE SDNY FEDERAL CREDIT UNION

Jun, 30, 2021 — U S COURT HOUSE SDNY FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $3.47 million in total assets. Opened 72 years ago in 1949, U S COURT HOUSE SDNY FEDERAL CREDIT UNION has about 492 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:492
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,473,102
CEO/Manager:Nora Masi
Chairperson:Cecilia Rudden

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,459,150
TOTAL INVESTMENTS 5,833
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,931,001
 Other Loans 85,916
 TOTAL LOANS 2,016,917
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -52,215
 Land And Building 0
 Other Fixed Assets 4,562
 NCUSIF Deposit 27,576
 All Other Assets 11,279
  TOTAL ASSETS 3,473,102
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,663
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 229,020
 Regular shares 2,590,035
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,819,055
  TOTAL LIABILITIES 2,822,718
 Regular Reserve 128,027
 Other Reserves 4,518
 Undivided Earnings 517,839
  TOTAL EQUITY 650,384
  TOTAL LIABILITIES, SHARES, & EQUITY 3,473,102
INCOME & EXPENSE  
 Loan Income 99,821
 Investment Income 432
 Other Income 5,470
 Total Employee Compensation & Benefits 74,305
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 59,397
 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) -19,554
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