Credit Unions Near Me
National Credit Union Service Organization

NEWSPAPER EMPLOYEES CREDIT UNION

Jun, 30, 2021 — NEWSPAPER EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in ALBANY, NY with 1 branch location and about $535,088 in total assets. Opened 88 years ago in 1933, NEWSPAPER EMPLOYEES CREDIT UNION has about 110 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NEWSPAPER EMPLOYEES CREDIT UNION
Address:
(Main Office)
645 ALBANY SHAKER ROAD
ALBANY, NY 12211-1158
Phone:(518) 454-5363
Fax:(518) 454-5684
Website:n/a
Branches:1 branch locations
Members:110
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63856
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1933
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$535,088
CEO/Manager:Rhonda Bachman
Chairperson:Joe Cipollo

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 260,407
TOTAL INVESTMENTS 150,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 132,800
 Other Loans 0
 TOTAL LOANS 132,800
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,321
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 2,383
 All Other Assets 2,819
  TOTAL ASSETS 535,088
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 263,773
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 263,773
  TOTAL LIABILITIES 263,773
 Regular Reserve 100,610
 Other Reserves 0
 Undivided Earnings 170,705
  TOTAL EQUITY 271,315
  TOTAL LIABILITIES, SHARES, & EQUITY 535,088
INCOME & EXPENSE  
 Loan Income 8,070
 Investment Income 1,930
 Other Income 300
 Total Employee Compensation & Benefits 10,400
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 8,389
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 618
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -9,107
↑ Back to Top

Other Credit Unions

NORTON-TROY EMPLOYEES CREDIT UNION
35 NIVER ST, C/O HUDSON RIVER COMMU
COHOES, NY 12047-4711
TROY FEDERAL CREDIT UNION
2175 6TH AVE
TROY, NY 12180
SCHENECTADY COUNTY EMPLOYEES FEDERAL CREDIT UNION
388 Broadway Suite B
SCHENECTADY, NY 12305
ALBANY FIREMENS FEDERAL CREDIT UNION
532 central ave
ALBANY, NY 12206
FASNY FEDERAL CREDIT UNION
107 WASHINGTON AVE
ALBANY, NY 12210-2231
DIRECTORS CHOICE CREDIT UNION
1 SOUTH FAMILY DRIVE
ALBANY, NY 12205
MOHAWK PROGRESSIVE FEDERAL CREDIT UNION
1760 State St
SCHENECTADY, NY 12304-1880
COMMUNITY RESOURCE FEDERAL CREDIT UNION
20 WADE RD
LATHAM, NY 12110-3520
FIRST NEW YORK FEDERAL CREDIT UNION
2 WALL STREET
ALBANY, NY 12205