Sep, 30, 2025 — SIDNEY FEDERAL CREDIT UNION is a federal credit union headquartered in SIDNEY, NY with 13 branch locations and about $1.18 billion in total assets. Opened 77 years ago in 1949, SIDNEY FEDERAL CREDIT UNION has about 75,245 members and employs 220 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SIDNEY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 42 Union St SIDNEY, NY 13838 |
| Phone: | (607) 561-7300 |
| Fax: | (607) 563-7474 |
| Website: | https://www.sfcuonline.org |
| Branches: | 13 branch locations |
| Members: | 75,245 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6011 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,179,882,908 |
| CEO/Manager: | Jim H Reynolds |
| Chairperson: | Scott McLean |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,128,349 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 444,645,538 |
| Unsecured Loans | 80,324,962 |
| Other Loans | 494,011,562 |
| TOTAL LOANS | 1,019,105,836 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,537,256 |
| Land And Building | 17,971,541 |
| Other Fixed Assets | 4,656,313 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 8,823,844 |
| All Other Assets | 1,129,848 |
| TOTAL ASSETS | 1,179,882,908 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,591,767 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 170,788,453 |
| Regular shares | 243,099,545 |
| All Other Shares & Deposits | 647,738,332 |
| TOTAL SHARES & DEPOSITS | 1,061,626,330 |
| TOTAL LIABILITIES | 1,067,499,659 |
| Regular Reserve | 0 |
| Other Reserves | 8,090,255 |
| Undivided Earnings | 104,292,994 |
| TOTAL EQUITY | 112,383,249 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,179,882,908 |
| INCOME & EXPENSE | |
| Loan Income | 47,602,813 |
| Investment Income | 2,448,258 |
| Other Income | 2,778,775 |
| Total Employee Compensation & Benefits | 15,511,737 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 14,553,753 |
| Non-operating Income & (Expense) | 1,233,088 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,605,018 |
| Cost of Funds | 14,689,159 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,303,384 |
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