Dec, 31, 2023 — PITTSFORD FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSFORD, NY with 2 branch locations and about $529.33 million in total assets. Opened 56 years ago in 1968, PITTSFORD FEDERAL CREDIT UNION has about 20,830 members and employs 57 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PITTSFORD FEDERAL CREDIT UNION |
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Address: (Main Office) | 20 Tobey Village Rd PITTSFORD, NY 14534-1702 |
Phone: | (585) 624-7474 |
Fax: | |
Website: | https://www.pittsfordfcu.org |
Branches: | 2 branch locations |
Members: | 20,830 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19085 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $529,333,963 |
CEO/Manager: | Brian D Scudder |
Chairperson: | William Beach |
ASSETS: | $ Amount |
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Cash & Equivalents | 55,083,548 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 342,636,114 |
Unsecured Loans | 7,966,224 |
Other Loans | 37,212,305 |
TOTAL LOANS | 387,814,643 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,234,142 |
Land And Building | 5,253,540 |
Other Fixed Assets | 620,919 |
NCUSIF Deposit | 4,420,928 |
All Other Assets | 0 |
TOTAL ASSETS | 529,333,963 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,717,529 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 79,802,363 |
Regular shares | 215,408,444 |
All Other Shares & Deposits | 174,276,854 |
TOTAL SHARES & DEPOSITS | 469,487,662 |
TOTAL LIABILITIES | 471,236,848 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 58,097,115 |
TOTAL EQUITY | 58,097,115 |
TOTAL LIABILITIES, SHARES, & EQUITY | 529,333,963 |
INCOME & EXPENSE | |
Loan Income | 15,976,515 |
Investment Income | 2,447,098 |
Other Income | 372,531 |
Total Employee Compensation & Benefits | 6,622,683 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,143,718 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 8,245,485 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,201,736 |
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