Credit Unions Near Me
National Credit Union Service Organization

COMMUNITY RESOURCE FEDERAL CREDIT UNION

Mar, 31, 2022 — COMMUNITY RESOURCE FEDERAL CREDIT UNION is a federal credit union headquartered in LATHAM, NY with 2 branch locations and about $107.07 million in total assets. Opened 87 years ago in 1935, COMMUNITY RESOURCE FEDERAL CREDIT UNION has about 6,659 members and employs 26 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: 221373338
Name:COMMUNITY RESOURCE FEDERAL CREDIT UNION
Address:
(Main Office)
20 Wade Rd
LATHAM, NY 12110-3520
Phone:(518) 783-2211
Fax:(518) 783-2266
Website:http://www.communityresourcefcu.com
Branches:2 branch locations
Members:6,659
Credit Union Type:Federal Credit Union
Charter Number:770
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1935
Last Audited:Sep 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$107,065,538
CEO/Manager:Terry Langlois
Chairperson:Thomas H Ellis

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,070,057
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 33,693,719
 Unsecured Loans 5,716,308
 Other Loans 43,435,924
 TOTAL LOANS 82,845,951
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -500,000
 Land And Building 2,648,979
 Other Fixed Assets 196,234
 NCUSIF Deposit 869,160
 All Other Assets 31,000
  TOTAL ASSETS 107,065,538
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -329,042
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,083,168
 Regular shares 23,249,947
 All Other Shares & Deposits 57,981,186
  TOTAL SHARES & DEPOSITS 94,314,301
  TOTAL LIABILITIES 93,985,259
 Regular Reserve 0
 Other Reserves -75,928
 Undivided Earnings 13,156,207
  TOTAL EQUITY 13,080,279
  TOTAL LIABILITIES, SHARES, & EQUITY 107,065,538
INCOME & EXPENSE  
 Loan Income 907,549
 Investment Income 27,084
 Other Income 37,103
 Total Employee Compensation & Benefits 508,553
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 337,172
 Non-operating Income & (Expense) 8,045
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -17,571
 Cost of Funds 105,232
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 276,358
↑ Back to Top

Other Credit Unions

NEWSPAPER EMPLOYEES CREDIT UNION
645 Albany Shaker Rd
ALBANY, NY 12211-1158
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
TROY FEDERAL CREDIT UNION
2175 6TH AVE
TROY, NY 12180
DIRECTORS CHOICE CREDIT UNION
1 South Family Drive
ALBANY, NY 12205
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