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NEW YORK TIMES EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2021 — NEW YORK TIMES EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 3 branch locations and about $84.43 million in total assets. Opened 68 years ago in 1954, NEW YORK TIMES EMPLOYEES FEDERAL CREDIT UNION has about 4,976 members and employs 7 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: 226078117
Name:NEW YORK TIMES EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
620 8TH AVE FL 28
NEW YORK, NY 10018-1618
Phone:(212) 354-0351
Fax:(212) 921-0385
Website:http://www.nytimescu.org
Branches:3 branch locations
Members:4,976
Credit Union Type:Federal Credit Union
Charter Number:9358
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1954
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$84,432,204
CEO/Manager:Darlene Greene
Chairperson:Joseph Lombardi

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 19,653,145
TOTAL INVESTMENTS 35,323,237
Loans Held for Sale 0
 
 Real Estate Loans 16,073,197
 Unsecured Loans 3,642,723
 Other Loans 6,006,654
 TOTAL LOANS 25,722,574
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -729,687
 Land And Building 0
 Other Fixed Assets 98,347
 NCUSIF Deposit 633,557
 All Other Assets 3,731,031
  TOTAL ASSETS 84,432,204
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 259,071
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,183,018
 Regular shares 35,352,900
 All Other Shares & Deposits 27,146,795
  TOTAL SHARES & DEPOSITS 72,682,713
  TOTAL LIABILITIES 72,941,784
 Regular Reserve 2,899,402
 Other Reserves -1,182,418
 Undivided Earnings 9,773,436
  TOTAL EQUITY 11,490,420
  TOTAL LIABILITIES, SHARES, & EQUITY 84,432,204
INCOME & EXPENSE  
 Loan Income 863,730
 Investment Income 364,269
 Other Income 91,462
 Total Employee Compensation & Benefits 805,051
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 674,286
 Non-operating Income & (Expense) 296,702
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 24,103
 Cost of Funds 220,575
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 640,374
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