Sep, 30, 2025 — SOUTHERN CHAUTAUQUA FEDERAL CREDIT UNION is a federal credit union headquartered in LAKEWOOD, NY with 9 branch locations and about $158.49 million in total assets. Opened 72 years ago in 1954, SOUTHERN CHAUTAUQUA FEDERAL CREDIT UNION has about 20,766 members and employs 73 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SOUTHERN CHAUTAUQUA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 168 E Fairmount Ave LAKEWOOD, NY 14750 |
| Phone: | (716) 665-7000 |
| Fax: | (716) 484-8653 |
| Website: | https://www.665-7000.com |
| Branches: | 9 branch locations |
| Members: | 20,766 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9107 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $158,486,681 |
| CEO/Manager: | John E Felton |
| Chairperson: | William Caldwell |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,259,866 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 32,795,100 |
| Unsecured Loans | 21,032,790 |
| Other Loans | 64,177,016 |
| TOTAL LOANS | 118,004,906 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,645,726 |
| Land And Building | 5,422,572 |
| Other Fixed Assets | 2,921,944 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,173,536 |
| All Other Assets | 0 |
| TOTAL ASSETS | 158,486,681 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -89,124 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 5,900,000 |
| Share Drafts | 30,062,743 |
| Regular shares | 35,171,782 |
| All Other Shares & Deposits | 66,666,791 |
| TOTAL SHARES & DEPOSITS | 131,901,315 |
| TOTAL LIABILITIES | 137,712,191 |
| Regular Reserve | 0 |
| Other Reserves | 483,777 |
| Undivided Earnings | 20,290,713 |
| TOTAL EQUITY | 20,774,490 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 158,486,681 |
| INCOME & EXPENSE | |
| Loan Income | 7,152,412 |
| Investment Income | 829,014 |
| Other Income | 1,348,328 |
| Total Employee Compensation & Benefits | 3,872,305 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,905,809 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,005,284 |
| Cost of Funds | 1,453,302 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,796,038 |
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