Dec, 31, 2023 — SYRACUSE POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 2 branch locations and about $17.19 million in total assets. Opened 90 years ago in 1934, SYRACUSE POSTAL FEDERAL CREDIT UNION has about 1,082 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SYRACUSE POSTAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 5640 e taft rd SYRACUSE, NY 13220 |
Phone: | (315) 458-5550 |
Fax: | (315) 458-9930 |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 1,082 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24387 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $17,193,391 |
CEO/Manager: | robert m medico |
Chairperson: |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,527,942 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,297,106 |
Other Loans | 1,638,661 |
TOTAL LOANS | 2,935,767 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -51,176 |
Land And Building | 0 |
Other Fixed Assets | 877 |
NCUSIF Deposit | 167,770 |
All Other Assets | 0 |
TOTAL ASSETS | 17,193,391 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 145,915 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,486,739 |
Regular shares | 12,098,115 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 15,584,854 |
TOTAL LIABILITIES | 15,730,769 |
Regular Reserve | 0 |
Other Reserves | 112,483 |
Undivided Earnings | 1,350,139 |
TOTAL EQUITY | 1,462,622 |
TOTAL LIABILITIES, SHARES, & EQUITY | 17,193,391 |
INCOME & EXPENSE | |
Loan Income | 151,244 |
Investment Income | 209,341 |
Other Income | 18,384 |
Total Employee Compensation & Benefits | 153,383 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 187,493 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 38,434 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,616 |
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