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National Credit Union Service Organization

U S COURT HOUSE SDNY FEDERAL CREDIT UNION

Dec, 31, 2023 — 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 75 years ago in 1949, U S COURT HOUSE SDNY FEDERAL CREDIT UNION has about 121 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:https://www.fcucourthouse.org
Branches:1 branch locations
Members:121
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 70,492
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,732,078
 Other Loans 64,195
 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 308,397
 Regular shares 1,807,584
 All Other Shares & Deposits 836,300
  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 101,277
 Investment Income 1,109
 Other Income 4,082
 Total Employee Compensation & Benefits 67,335
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 67,691
 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) -28,510
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