Sep, 30, 2025 — SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $137.98 million in total assets. Opened 76 years ago in 1950, SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION has about 6,690 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 211 Wilkinson St SYRACUSE, NY 13204 |
| Phone: | (315) 471-4621 |
| Fax: | (315) 476-7204 |
| Website: | https://www.syrfirecu.com |
| Branches: | 1 branch locations |
| Members: | 6,690 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6627 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $137,978,235 |
| CEO/Manager: | Roxane Bowering |
| Chairperson: | Steven McGraw |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 23,568,702 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 36,001,491 |
| Unsecured Loans | 4,145,634 |
| Other Loans | 34,520,267 |
| TOTAL LOANS | 74,667,392 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -225,891 |
| Land And Building | 1,078,825 |
| Other Fixed Assets | 94,965 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,026,745 |
| All Other Assets | 10,150 |
| TOTAL ASSETS | 137,978,235 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 450,265 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,315,024 |
| Regular shares | 56,968,513 |
| All Other Shares & Deposits | 43,158,882 |
| TOTAL SHARES & DEPOSITS | 117,442,419 |
| TOTAL LIABILITIES | 117,892,684 |
| Regular Reserve | 0 |
| Other Reserves | -550,908 |
| Undivided Earnings | 20,636,459 |
| TOTAL EQUITY | 20,085,551 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 137,978,235 |
| INCOME & EXPENSE | |
| Loan Income | 3,217,263 |
| Investment Income | 1,600,739 |
| Other Income | 193,434 |
| Total Employee Compensation & Benefits | 906,952 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,352,950 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 57,171 |
| Cost of Funds | 1,296,667 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,764,496 |
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