Credit Unions Near Me
National Credit Union Service Organization

DIRECTORS CHOICE CREDIT UNION

Dec, 31, 2021 — DIRECTORS CHOICE CREDIT UNION is a federally insured state chartered credit union headquartered in ALBANY, NY with 1 branch location and about $12.60 million in total assets. Opened 23 years ago in 1999, DIRECTORS CHOICE CREDIT UNION has about 819 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DIRECTORS CHOICE CREDIT UNION
Address:
(Main Office)
1 South Family Drive
ALBANY, NY 12205
Phone:(518) 456-2686
Fax:(518) 452-9065
Website:http://www.directorschoicecu.com/
Branches:1 branch locations
Members:819
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68420
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1999
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,601,228
CEO/Manager:Amy Lico
Chairperson:Eugene M Guarino

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,711,516
TOTAL INVESTMENTS 3,350
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 479,453
 Other Loans 7,454,940
 TOTAL LOANS 7,934,393
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -132,866
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 82,400
 All Other Assets 2,435
  TOTAL ASSETS 12,601,228
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,078
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 656,152
 Regular shares 1,261,432
 All Other Shares & Deposits 8,764,157
  TOTAL SHARES & DEPOSITS 10,681,741
  TOTAL LIABILITIES 10,685,819
 Regular Reserve 32,326
 Other Reserves 0
 Undivided Earnings 1,883,083
  TOTAL EQUITY 1,915,409
  TOTAL LIABILITIES, SHARES, & EQUITY 12,601,228
INCOME & EXPENSE  
 Loan Income 387,723
 Investment Income 22,814
 Other Income 1,869
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 124,844
 Non-operating Income & (Expense) 34,461
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 24,000
 Cost of Funds 154,056
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 148,589
↑ Back to Top

Other Credit Unions

NEWSPAPER EMPLOYEES CREDIT UNION
645 Albany Shaker Rd
ALBANY, NY 12211-1158
STRATTON AIR NATIONAL GUARD FEDERAL CREDIT UNION
1 air national guard rd
SCOTIA, NY 12302
NORTON-TROY EMPLOYEES CREDIT UNION
35 NIVER ST, C/O HUDSON RIVER COMMU
COHOES, NY 12047-4711
SCHENECTADY COUNTY EMPLOYEES FEDERAL CREDIT UNION
388 Broadway
SCHENECTADY, NY 12305
ALBANY FIREMENS FEDERAL CREDIT UNION
532 central ave
ALBANY, NY 12206
MOHAWK PROGRESSIVE FEDERAL CREDIT UNION
1760 State St
SCHENECTADY, NY 12304-1956
FASNY FEDERAL CREDIT UNION
107 Washington Ave
ALBANY, NY 12210-2231
FIRST NEW YORK FEDERAL CREDIT UNION
2 Wall St
ALBANY, NY 12205-3845
COMMUNITY RESOURCE FEDERAL CREDIT UNION
20 Wade Rd
LATHAM, NY 12110-3520