Sep, 30, 2025 — CLARENCE COMMUNITY & SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in CLARENCE, NY with 2 branch locations and about $49.13 million in total assets. Opened 72 years ago in 1954, CLARENCE COMMUNITY & SCHOOLS FEDERAL CREDIT UNION has about 3,039 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLARENCE COMMUNITY & SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 9145 Sheridan Dr CLARENCE, NY 14031 |
| Phone: | (716) 630-0888 |
| Fax: | (716) 633-2407 |
| Website: | https://www.northtownsfcu.com |
| Branches: | 2 branch locations |
| Members: | 3,039 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9812 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $49,125,276 |
| CEO/Manager: | Rebecca L Smith |
| Chairperson: | Joseph G Gonzales |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,298,701 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,254,641 |
| Unsecured Loans | 1,852,546 |
| Other Loans | 15,724,112 |
| TOTAL LOANS | 28,831,299 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -103,758 |
| Land And Building | 2,035,380 |
| Other Fixed Assets | 211,194 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 380,611 |
| All Other Assets | 0 |
| TOTAL ASSETS | 49,125,276 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 75,660 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,735,587 |
| Regular shares | 17,314,132 |
| All Other Shares & Deposits | 19,563,135 |
| TOTAL SHARES & DEPOSITS | 44,612,854 |
| TOTAL LIABILITIES | 44,688,514 |
| Regular Reserve | 0 |
| Other Reserves | 387,848 |
| Undivided Earnings | 4,048,914 |
| TOTAL EQUITY | 4,436,762 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 49,125,276 |
| INCOME & EXPENSE | |
| Loan Income | 1,411,357 |
| Investment Income | 327,316 |
| Other Income | 60,519 |
| Total Employee Compensation & Benefits | 304,582 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 504,931 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 60,000 |
| Cost of Funds | 569,966 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 456,289 |
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