Credit Unions Near Me
National Credit Union Service Organization

LAKE SHORE FEDERAL CREDIT UNION

Dec, 31, 2023 — LAKE SHORE FEDERAL CREDIT UNION is a federal credit union headquartered in ANGOLA, NY with 1 branch location and about $22.34 million in total assets. Opened 57 years ago in 1967, LAKE SHORE FEDERAL CREDIT UNION has about 3,142 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LAKE SHORE FEDERAL CREDIT UNION
Address:
(Main Office)
8766 Erie Rd
ANGOLA, NY 14006
Phone:(716) 549-4150
Fax:(716) 549-2785
Website:https://lakeshore-fcu.net
Branches:1 branch locations
Members:3,142
Credit Union Type:Federal Credit Union
Charter Number:17878
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1967
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$22,340,301
CEO/Manager:Susan George
Chairperson:LYNNE E PENFOLD

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,062,157
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,588,162
 Unsecured Loans 1,341,535
 Other Loans 7,360,752
 TOTAL LOANS 10,290,449
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -151,916
 Land And Building 604,939
 Other Fixed Assets 30,023
 NCUSIF Deposit 199,492
 All Other Assets 0
  TOTAL ASSETS 22,340,301
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 140,890
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,820,007
 Regular shares 13,597,587
 All Other Shares & Deposits 93,551
  TOTAL SHARES & DEPOSITS 19,511,144
  TOTAL LIABILITIES 19,652,034
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,688,267
  TOTAL EQUITY 2,688,267
  TOTAL LIABILITIES, SHARES, & EQUITY 22,340,301
INCOME & EXPENSE  
 Loan Income 455,031
 Investment Income 309,866
 Other Income 162,231
 Total Employee Compensation & Benefits 335,415
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 392,673
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 23,070
 Cost of Funds 24,751
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 276,290
↑ Back to Top

Other Credit Unions

ST. JOHN UNITED FEDERAL CREDIT UNION
184 Goodell St
BUFFALO, NY 14204
SENECA NATION OF INDIANS FEDERAL CREDIT UNION
12837 Route 438
IRVING, NY 14081
NORTHERN CHAUTAUQUA FEDERAL CREDIT UNION
232 CENTRAL AVE.
SILVER CREEK, NY 14136
GRIFFITH INSTITUTE EMPLOYEES FEDERAL CREDIT UNION
64 E Main St Ste 3
SPRINGVILLE, NY 14141
ST. JOHNS BUFFALO FEDERAL CREDIT UNION
2322 SENECA STREET
BUFFALO, NY 14210
GOWANDA AREA FEDERAL CREDIT UNION
14266 Taylor Hollow Rd
GOWANDA, NY 14070-9703
LOCAL 41 I.B.E.W. FEDERAL CREDIT UNION
3564 California Rd
ORCHARD PARK, NY 14127
SOUTH TOWNS COMMUNITY FEDERAL CREDIT UNION
3040 s park ave
LACKAWANNA, NY 14218-2643
KALEIDA HEALTH FEDERAL CREDIT UNION
100 High St
BUFFALO, NY 14203-1126
SUNY FREDONIA FEDERAL CREDIT UNION
280 CENTRAL AVE
FREDONIA, NY 14063-1127