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COXSACKIE CORRECTIONAL EMP. FEDERAL CREDIT UNION

Sep, 30, 2025 — COXSACKIE CORRECTIONAL EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in COXSACKIE, NY with 1 branch location and about $4.45 million in total assets. Opened 91 years ago in 1935, COXSACKIE CORRECTIONAL EMP. FEDERAL CREDIT UNION has about 584 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COXSACKIE CORRECTIONAL EMP. FEDERAL CREDIT UNION
Address:
(Main Office)
11260 STATE ROUTE 9W STE 1
COXSACKIE, NY 12051-3030
Phone:(518) 731-6004
Fax:(518) 731-8830
Website:n/a
Branches:1 branch locations
Members:584
Credit Union Type:Federal Credit Union
Charter Number:888
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1935
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$4,453,021
CEO/Manager:VIRGINIA A MAGEE
Chairperson:RICHARD P ZADLO

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,100,409
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 592,152
 Other Loans 1,589,749
 TOTAL LOANS 2,181,901
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -71,351
 Land And Building 0
 Other Fixed Assets 1,912
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 29,683
 All Other Assets 0
  TOTAL ASSETS 4,453,021
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,936
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 667,247
 Regular shares 2,204,815
 All Other Shares & Deposits 296,416
  TOTAL SHARES & DEPOSITS 3,168,478
  TOTAL LIABILITIES 3,176,414
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,276,607
  TOTAL EQUITY 1,276,607
  TOTAL LIABILITIES, SHARES, & EQUITY 4,453,021
INCOME & EXPENSE  
 Loan Income 124,327
 Investment Income 41,636
 Other Income 40
 Total Employee Compensation & Benefits 39,128
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 53,016
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 33,500
 Cost of Funds 4,365
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 35,994
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