Sep, 30, 2025 — CFCU COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in ITHACA, NY with 14 branch locations and about $1.45 billion in total assets. Opened 73 years ago in 1953, CFCU COMMUNITY CREDIT UNION has about 77,088 members and employs 229 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CFCU COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1030 Craft Rd ITHACA, NY 14850 |
| Phone: | (607) 257-8500 |
| Fax: | (607) 257-8217 |
| Website: | https://www.beginnings.com |
| Branches: | 14 branch locations |
| Members: | 77,088 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68322 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,453,396,332 |
| CEO/Manager: | Lisa L Whitaker |
| Chairperson: | Blixy Taetzsch |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 160,821,739 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 698,371,897 |
| Unsecured Loans | 38,928,551 |
| Other Loans | 310,090,490 |
| TOTAL LOANS | 1,050,819,718 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,548,284 |
| Land And Building | 4,023,685 |
| Other Fixed Assets | 14,537,079 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,769,020 |
| All Other Assets | 93,105 |
| TOTAL ASSETS | 1,453,396,332 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 22,136,684 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 357,327,408 |
| Regular shares | 415,846,118 |
| All Other Shares & Deposits | 462,991,870 |
| TOTAL SHARES & DEPOSITS | 1,236,165,396 |
| TOTAL LIABILITIES | 1,258,302,080 |
| Regular Reserve | 0 |
| Other Reserves | 997,519 |
| Undivided Earnings | 194,096,733 |
| TOTAL EQUITY | 195,094,252 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,453,396,332 |
| INCOME & EXPENSE | |
| Loan Income | 38,915,208 |
| Investment Income | 9,009,609 |
| Other Income | 4,891,173 |
| Total Employee Compensation & Benefits | 20,430,294 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 18,752,638 |
| Non-operating Income & (Expense) | -38,900 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,692,009 |
| Cost of Funds | 10,590,541 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,330,870 |
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