Sep, 30, 2025 — CADETS FEDERAL CREDIT UNION is a federal credit union headquartered in ELMA, NY with 2 branch locations and about $18.23 million in total assets. Opened 76 years ago in 1950, CADETS FEDERAL CREDIT UNION has about 1,440 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CADETS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1751 TRANSIT RD ELMA, NY 14059-9687 |
| Phone: | (716) 771-3434 |
| Fax: | (716) 771-3435 |
| Website: | https://www.cadetsfcu.com |
| Branches: | 2 branch locations |
| Members: | 1,440 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6930 |
|---|---|
| Membership Type: | Multiple common bond - Primarily faith based |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,229,864 |
| CEO/Manager: | SANDRA A KOPACZ |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,275,623 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,056,497 |
| Unsecured Loans | 751,572 |
| Other Loans | 7,869,474 |
| TOTAL LOANS | 10,677,543 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -98,272 |
| Land And Building | 786,531 |
| Other Fixed Assets | 23,749 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 171,796 |
| All Other Assets | 12,000 |
| TOTAL ASSETS | 18,229,864 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 18 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 41,004 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 873,353 |
| Regular shares | 5,702,554 |
| All Other Shares & Deposits | 10,069,242 |
| TOTAL SHARES & DEPOSITS | 16,645,149 |
| TOTAL LIABILITIES | 16,686,171 |
| Regular Reserve | 0 |
| Other Reserves | 296,022 |
| Undivided Earnings | 1,247,671 |
| TOTAL EQUITY | 1,543,693 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,229,864 |
| INCOME & EXPENSE | |
| Loan Income | 581,211 |
| Investment Income | 169,601 |
| Other Income | 21,956 |
| Total Employee Compensation & Benefits | 264,717 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 198,240 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 31,244 |
| Cost of Funds | 301,913 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -7,827 |
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