Sep, 30, 2025 — AMERICU CREDIT UNION is a federally insured state chartered credit union headquartered in ROME, NY with 19 branch locations and about $2.82 billion in total assets. Opened 48 years ago in 1978, AMERICU CREDIT UNION has about 196,038 members and employs 457 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AMERICU CREDIT UNION |
|---|---|
| Address: (Main Office) | 1916 Black River Blvd N ROME, NY 13440-2430 |
| Phone: | (315) 356-3000 |
| Fax: | (315) 339-2069 |
| Website: | https://www.americu.org |
| Branches: | 19 branch locations |
| Members: | 196,038 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68433 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,819,348,398 |
| CEO/Manager: | Ronald Belle |
| Chairperson: | Nicholas Fabrizio |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 54,667,094 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 15,668,857 |
| Real Estate Loans | 1,431,129,128 |
| Unsecured Loans | 487,602,056 |
| Other Loans | 552,580,950 |
| TOTAL LOANS | 2,471,312,134 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -37,457,076 |
| Land And Building | 25,665,617 |
| Other Fixed Assets | 2,004,614 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 20,431,699 |
| All Other Assets | 646,925 |
| TOTAL ASSETS | 2,819,348,398 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 141,504,858 |
| Accounts Payable & Other Liabilities | -1,070,733 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 429,918,588 |
| Regular shares | 568,511,060 |
| All Other Shares & Deposits | 1,428,295,860 |
| TOTAL SHARES & DEPOSITS | 2,426,725,508 |
| TOTAL LIABILITIES | 2,567,159,633 |
| Regular Reserve | 0 |
| Other Reserves | -22,349,868 |
| Undivided Earnings | 274,538,633 |
| TOTAL EQUITY | 252,188,765 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,819,348,398 |
| INCOME & EXPENSE | |
| Loan Income | 109,963,339 |
| Investment Income | 5,303,329 |
| Other Income | 10,200,197 |
| Total Employee Compensation & Benefits | 31,921,131 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 32,312,141 |
| Non-operating Income & (Expense) | -34,968 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,696,799 |
| Cost of Funds | 43,193,187 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 10,971,225 |
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