Jun, 30, 2024 — CHEN-DEL-O FEDERAL CREDIT UNION is a federal credit union headquartered in FRANKLIN, NY with 1 branch location and about $34.69 million in total assets. Opened 71 years ago in 1954, CHEN-DEL-O FEDERAL CREDIT UNION has about 3,116 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.
| Name: | CHEN-DEL-O FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 114 MAIN ST FRANKLIN, NY 13775 |
| Phone: | (607) 829-3560 |
| Fax: | (607) 829-3561 |
| Website: | https://www.chendelo.org |
| Branches: | 1 branch locations |
| Members: | 3,116 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9517 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $34,694,940 |
| CEO/Manager: | SUE A GIUDICE |
| Chairperson: | JOSEPH WALSH |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 687,445 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,527,213 |
| Unsecured Loans | 2,306,112 |
| Other Loans | 4,418,971 |
| TOTAL LOANS | 9,252,296 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -60,722 |
| Land And Building | 7,515 |
| Other Fixed Assets | 2,783 |
| NCUSIF Deposit | 294,821 |
| All Other Assets | 0 |
| TOTAL ASSETS | 34,694,940 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 500,000 |
| Accounts Payable & Other Liabilities | 50,619 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,451,888 |
| Regular shares | 23,580,709 |
| All Other Shares & Deposits | 4,022,057 |
| TOTAL SHARES & DEPOSITS | 31,054,654 |
| TOTAL LIABILITIES | 31,605,273 |
| Regular Reserve | 0 |
| Other Reserves | 452,921 |
| Undivided Earnings | 2,636,746 |
| TOTAL EQUITY | 3,089,667 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 34,694,940 |
| INCOME & EXPENSE | |
| Loan Income | 338,494 |
| Investment Income | 154,495 |
| Other Income | 16,976 |
| Total Employee Compensation & Benefits | 328,152 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 248,867 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 27,118 |
| Cost of Funds | 24,230 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -29,999 |
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