Sep, 30, 2025 — TRANSIT AUTHORITY DIVISION B FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 2 branch locations and about $6.10 million in total assets. Opened 91 years ago in 1935, TRANSIT AUTHORITY DIVISION B FEDERAL CREDIT UNION has about 1,525 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: | TRANSIT AUTHORITY DIVISION B FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3961 10th Ave Rm 230 NEW YORK, NY 10034-1854 |
| Phone: | (212) 942-1448 |
| Fax: | (212) 544-8761 |
| Website: | https://www.divbfcu.com |
| Branches: | 2 branch locations |
| Members: | 1,525 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 798 |
|---|---|
| Membership Type: | Service - Transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,103,956 |
| CEO/Manager: | Robert Potter |
| Chairperson: | Darrell Carter |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,025,027 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 646,656 |
| Other Loans | 549,729 |
| TOTAL LOANS | 1,196,386 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,624 |
| Land And Building | 385 |
| Other Fixed Assets | 1,174 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 55,976 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,103,956 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 32,440 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,259,199 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 5,259,199 |
| TOTAL LIABILITIES | 5,291,639 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 812,317 |
| TOTAL EQUITY | 812,317 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,103,956 |
| INCOME & EXPENSE | |
| Loan Income | 96,383 |
| Investment Income | 133,399 |
| Other Income | 16,245 |
| Total Employee Compensation & Benefits | 137,707 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 37,328 |
| Non-operating Income & (Expense) | 31,430 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,600 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 100,822 |
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