Dec, 31, 2023 — N.U.L. FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 0 branch location and about $324,917 in total assets. Opened 54 years ago in 1970, N.U.L. FEDERAL CREDIT UNION has about 75 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | N.U.L. FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 80 Pine St Fl 9 NEW YORK, NY 10005-1702 |
| Phone: | (212) 558-5300 |
| Fax: | |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 75 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20060 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $324,917 |
| CEO/Manager: | Colin Allum |
| Chairperson: | Dennis Serrette |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 311,809 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,391 |
| Other Loans | 0 |
| TOTAL LOANS | 1,391 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -165 |
| Land And Building | 0 |
| Other Fixed Assets | 1,034 |
| NCUSIF Deposit | 1,451 |
| All Other Assets | 0 |
| TOTAL ASSETS | 324,917 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 120,200 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 150,553 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 150,553 |
| TOTAL LIABILITIES | 270,753 |
| Regular Reserve | 0 |
| Other Reserves | 7,382 |
| Undivided Earnings | 46,782 |
| TOTAL EQUITY | 54,164 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 324,917 |
| INCOME & EXPENSE | |
| Loan Income | 221 |
| Investment Income | 3,279 |
| Other Income | 32 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 17,151 |
| Non-operating Income & (Expense) | 18,451 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 442 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,320 |
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