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National Credit Union Service Organization

NEW YORK TIMES EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — NEW YORK TIMES EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 3 branch locations and about $82.03 million in total assets. Opened 67 years ago in 1954, NEW YORK TIMES EMPLOYEES FEDERAL CREDIT UNION has about 5,222 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:5,222
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:$82,029,388
CEO/Manager:Darlene Greene
Chairperson:Joseph Lombardi

Call Report

  • Commercial Loans
  • Credit Builder
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 20,846,910
TOTAL INVESTMENTS 29,314,228
Loans Held for Sale 0
 
 Real Estate Loans 18,173,534
 Unsecured Loans 3,706,009
 Other Loans 6,551,879
 TOTAL LOANS 28,431,422
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -702,272
 Land And Building 0
 Other Fixed Assets 33,458
 NCUSIF Deposit 614,627
 All Other Assets 3,491,015
  TOTAL ASSETS 82,029,388
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 367,847
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,724,859
 Regular shares 33,754,611
 All Other Shares & Deposits 27,347,600
  TOTAL SHARES & DEPOSITS 70,827,070
  TOTAL LIABILITIES 71,194,917
 Regular Reserve 2,899,402
 Other Reserves -1,218,481
 Undivided Earnings 9,153,550
  TOTAL EQUITY 10,834,471
  TOTAL LIABILITIES, SHARES, & EQUITY 82,029,388
INCOME & EXPENSE  
 Loan Income 291,437
 Investment Income 119,889
 Other Income 34,549
 Total Employee Compensation & Benefits 264,435
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 210,752
 Non-operating Income & (Expense) 98,901
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 17,172
 Cost of Funds 78,152
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 20,488
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