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SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $114.22 million in total assets. Opened 71 years ago in 1950, SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION has about 5,995 members and employs 15 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:5,995
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$114,215,155
CEO/Manager:Andrea M Thune
Chairperson:John T Cowin

Call Report

  • Commercial Loans
  • Overdraft Lines of Credit
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 34,253,292
TOTAL INVESTMENTS 21,769,791
Loans Held for Sale 0
 
 Real Estate Loans 35,326,572
 Unsecured Loans 2,310,242
 Other Loans 16,674,366
 TOTAL LOANS 54,311,180
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,546
 Land And Building 1,285,780
 Other Fixed Assets 135,581
 NCUSIF Deposit 850,797
 All Other Assets 1,624,280
  TOTAL ASSETS 114,215,155
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 248,094
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 15,212,383
 Regular shares 60,516,058
 All Other Shares & Deposits 24,436,193
  TOTAL SHARES & DEPOSITS 100,164,634
  TOTAL LIABILITIES 100,412,728
 Regular Reserve 784,473
 Other Reserves 0
 Undivided Earnings 13,017,954
  TOTAL EQUITY 13,802,427
  TOTAL LIABILITIES, SHARES, & EQUITY 114,215,155
INCOME & EXPENSE  
 Loan Income 618,180
 Investment Income 102,762
 Other Income 95,879
 Total Employee Compensation & Benefits 240,929
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 290,228
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,203
 Cost of Funds 92,305
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 235,677
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