Dec, 31, 2023 — COXSACKIE CORRECTIONAL EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in COXSACKIE, NY with 1 branch location and about $4.28 million in total assets. Opened 89 years ago in 1935, COXSACKIE CORRECTIONAL EMP. FEDERAL CREDIT UNION has about 616 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 |
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Address: (Main Office) | 11260 State Route 9W COXSACKIE, NY 12051 |
Phone: | (518) 731-6004 |
Fax: | (518) 731-8830 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 616 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 888 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,276,394 |
CEO/Manager: | VIRGINIA A MAGEE |
Chairperson: | RICHARD P ZADLO |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,329,292 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 699,801 |
Other Loans | 2,055,566 |
TOTAL LOANS | 2,755,367 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -53,113 |
Land And Building | 0 |
Other Fixed Assets | 5,325 |
NCUSIF Deposit | 31,623 |
All Other Assets | 0 |
TOTAL ASSETS | 4,276,394 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,231 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 447,574 |
Regular shares | 2,327,634 |
All Other Shares & Deposits | 290,100 |
TOTAL SHARES & DEPOSITS | 3,065,308 |
TOTAL LIABILITIES | 3,075,539 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,200,855 |
TOTAL EQUITY | 1,200,855 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,276,394 |
INCOME & EXPENSE | |
Loan Income | 157,754 |
Investment Income | 60,774 |
Other Income | 0 |
Total Employee Compensation & Benefits | 47,350 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 67,603 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 97,200 |
Cost of Funds | 5,820 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 7,410 |
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