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SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $115.03 million in total assets. Opened 71 years ago in 1950, SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION has about 6,025 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 221376872
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:http://www.syrfirecu.com
Branches:1 branch locations
Members:6,025
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:Apr 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$115,032,956
CEO/Manager:Andrea M Thune
Chairperson:John T Cowin

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 26,888,077
TOTAL INVESTMENTS 29,487,877
Loans Held for Sale 0
 
 Real Estate Loans 34,791,997
 Unsecured Loans 2,248,613
 Other Loans 17,754,049
 TOTAL LOANS 54,794,659
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -19,092
 Land And Building 1,268,948
 Other Fixed Assets 126,948
 NCUSIF Deposit 864,612
 All Other Assets 1,620,927
  TOTAL ASSETS 115,032,956
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 233,026
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 14,665,204
 Regular shares 61,210,914
 All Other Shares & Deposits 24,755,220
  TOTAL SHARES & DEPOSITS 100,631,338
  TOTAL LIABILITIES 100,864,364
 Regular Reserve 784,473
 Other Reserves -28,191
 Undivided Earnings 13,412,310
  TOTAL EQUITY 14,168,592
  TOTAL LIABILITIES, SHARES, & EQUITY 115,032,956
INCOME & EXPENSE  
 Loan Income 1,225,780
 Investment Income 209,662
 Other Income 239,347
 Total Employee Compensation & Benefits 475,682
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 590,692
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,086
 Cost of Funds 178,203
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 532,485
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