Issuu

Ukrainian Cultural Center of Rochester - 1040 Jackson Rd, Webster, NY 14580

UFCU ДУМКА/OPINION #231 - 2016

ASSETS Cash and equivalents Overnight deposits at financial institutions Investment in certificates of deposit Investment securities available for sale Investment securities held to maturity Loans to members, net Accrued interest receivable Premises and equipment, net NCUSIF deposit Other assets TOTAL ASSETS LIABILITIES AND MEMBERS’ EQUITY CURRENT LIABILITIES ccrued expenses and other current liabilities

2015

2014

1,488,858 10,879,089 6,257,607 398,597 8,961,006 163,540,134 573,532 1,341,126 1,559,829 1,755,587

1,359,899 4,127,734 9,321,000 577,014 10,472,648 149,966,893 577,717 1,271,910 1,506,454 1,383,930

$ 196,755,365

$ 180,565,199

ВСЬОГО АКТИВІВ

1,243,796

ЗОБОВ`ЯЗАННЯ, РАХУНКИ ТА КАПІТАЛ ПОТОЧНІ ЗОБОВ`ЯЗАННЯ Нараховані витрати та інші поточні зобов’язання

1,647,119

АКТИВИ Готівкові кошти Короткотермінові рахунки в фін. установах Інвестиції в депозитні сертифікати Інвестиційні цінні папери в наявності для продажу Інвестиційні цінні папери утримувані до погашення Кредити членам Нараховані прибутки Основні засоби Рахунок в державному фонді забезпечення Інші активи

Total current liabilities

1,647,119

1,243,796

Всього поточних зобов’язань

MEMBERS’ ACCOUNTS Members’ shares and savings accounts Members’ share certificates

98,899,778 77,968,620

90,573,483 71,001,900

РАХУНКИ Рахунки членів Термінові депозити членів

Total members’ accounts

176,868,398

161,575,383

Всього рахунків

Total liabilities

178,515,517

162,819,179

Всього зобов’язань

MEMBERS’ EQUITY Regular reserve Undivided earnings Equity acquired in merger Accumulated other comprehensive loss

2,743,692 14,806,332 723,709 -$33,885

2,743,692 14,315,041 723,709 -$36,422

КАПІТАЛ Звичайний капітал Нерозподілені прибутки Об’єднаний капітал Накопичений інший сукупний збиток

Total members’ equity

18,239,848

17,746,020

Всього Капітал

TOTAL LIABILITIES AND MEMBERS’ EQUITY

$ 196,755,365

$ 180,565,199

ВСЬОГО ЗОБОВ`ЯЗАНЬ, РАХУНКІВ ТА КАПІТАЛУ

UFCU ДУМКА/OPINION #231 - 2016

NET INTEREST INCOME

2016 Budget

2015

2014

Loans to members Investments and cash equivalents

$ 8,275,000 225,000

$ 7,393,033 242,408

$ 6,960,440 311,460

8,500,000

7,635,441

7,271,900

1,242,000

1,172,183

1,174,035

ДИВІДЕНТИ

6,097,865

Чистий процентний дохід до відрахування резервів на втрати по позиках

DIVIDENDS ON MEMBERS’ ACCOUNTS Net interest income before provision for loan losses

7,258,000

6,463,258

PROVISION FOR LOAN LOSSES

ПРОЦЕНТНІ ДОХОДИ Процентні доходи від кредитів Процентні доходи від інвестицій

РЕЗЕРВИ НА ПОЗИКОВІ ВТРАТИ

Net interest income after provision for loan losses

7,258,000

6,463,258

6,097,865

Чисті процентні доходи після відрахування резерву на втрати по позиках

Total non-interest income

1,280,000

1,241,361

1,200,070

Всього непроцентних доходів

NON-INTEREST EXPENSE Compensation and benefits Professional and outside services Occupancy Operations Marketing Depreciation Other

3,622,000 1,730,000 631,000 595,000 320,000 363,000 179,000

3,694,062 1,582,081 576,594 584,654 301,511 328,871 145,555

3,491,465 1,360,944 527,589 489,068 359,028 239,715 131,964

НЕПРОЦЕНТНІ ВИТРАТИ Зарплати та забезпечення Професійні послуги Витрати на приміщення Канцелярські витрати Mаркетинг Амортизація Інші операційні витрати

Total non-interest expense

7,440,000

7,213,328

6,599,773

Всього непроцентних витрат

NET INCOME

$ 1,098,000

UFCU ДУМКА/OPINION #231 - 2016

491,291

698,162

ЧИСТИЙ ДОХІД

UFCU ДУМКА/OPINION #231 - 2016

UKRAINIAN-AMERICAN COMMUNITY FOUNDATION, INC.

UFCU ДУМКА/OPINION #231 - 2016

u Thank yor for you service!

Stephen Procyk Teller Amherst

Valentina Titarenko Teller Rochester

UFCU ДУМКА/OPINION #231 - 2016

Lucas Kirik

Us!

James Malyk

Katherine N. Pron

UFCU ДУМКА/OPINION #231 - 2016

Community News

S E AT T L E

UFCU ДУМКА/OPINION #231 - 2016

Community News

UFCU ДУМКА/OPINION #231 - 2016

S E AT T L E

Love your savings. Everyone is looking for ways to save money, and that's just what Love My Credit Union Rewards is all about. Ukrainian FCU is excited to offer you exclusive discounts and benefits on products and services you use every day. Credit union members have already saved over $1.6 billion with Love My Credit Union Rewards discounts. So along with lower loan rates and fewer fees, here’s another way you can save even more.  Receive a 10% discount (business members a 15% discount) on select regularly priced Sprint monthly data service. Valid in conjunction with other credit union and most Sprint National handset offers and promotions  Get safety and security of roadside assistance and more for less than $1 per week* with CU Road Pal.  Save up to $15 on TurboTax Federal tax products  Save on services for your home from ADT, DIRECTV, Allied, and more  Earn cash back when you shop at over 1,500 online retailers with Love to Shop The more offers you take advantage of, the more you save. Start saving today at LoveMyCreditUnion.org. *Based on individual roadside assistance plan

UFCU ДУМКА/OPINION #231 - 2016

HOME MORTGAGES

Membership eligiblity required. Restrictions apply. See us for more details.

• 5 to 30 year mortgages available • Fixed, ARM and HYBRID mortgages • First time homebuyers program • Fast approvals within one week • Closing within 4 - 8 weeks • Apply online at rufcu.org today and save on application fee

How to deposit checks using your smartphone or tablet 1. Tap Menu

in the upper right corner and select

Deposit a Check

2. Choose which account the check goes into 3. Enter the check amount 4. Endorse the check by signing your name on the back and writing “For UFCU mobile deposit only” 5. Take pictures of the front and back of the check 6. Submit your deposit and you’re done!

Yuliana Yurkevich Agency Owner Allstate Insurance Company 1548 Buffalo Road Rochester, NY 14624 Phone 585-426-0550/Fax 585-426-0552 yyurkevich@allstate.com UFCU ДУМКА/OPINION #231 - 2016

Personalized service. Trusted advice. 29

AMHERST NY BRANCH 2882 Niagara Falls Blvd. Amherst, NY 14228 tel: (716) 799-8385 fax: (716) 389-0300

Mon Tues - Thurs: Fri: Sat:

Closed 9:30 am - 5:00 pm 9:30 am - 6:00 pm 9:00 am - 1:00 pm

BOSTON MA BRANCH 282 Providence Highway Westwood, MA 02090 tel: (781) 493-6733 fax: (781) 493-6730

Mon & Wed: Tues & Thurs: Fri: Sat:

Closed 10:00 am - 4:00 pm 10:00 am - 6:00 pm 10:00 am - 1:00 pm

BUFFALO NY BRANCH 562 Genesee St. Buffalo, NY 14204 tel: (716) 847-6655 fax: (716) 847-6988

Mon & Tues: Wed: Thurs: Fri: Sat:

9:30 am - 5:00 pm Closed 9:30 am - 5:00 pm 9:30 am - 7:00 pm 9:00 am - 1:00 pm

SACRAMENTO CA BRANCH 6029 San Juan Ave. Citrus Heights, CA 95610 tel: (916) 721-1188 fax: (916) 721-5551

Mon - Wed: Thurs & Fri: Sat:

9:30 am - 5:00 pm 9:30 am - 6:00 pm 9:00 am - 1:00 pm

SEATTLE WA BRANCH 1414 S. 324th St. Federal Way, WA 98003 tel: (253)237-5293 fax: (206) 592-6584

Mon - Thurs: Fri: Sat:

10:00 am - 5:00 pm 10:00 am - 6:00 pm 10:00 am - 1:00 pm

SYRACUSE NY BRANCH 211 Tompkins St. Syracuse, NY 13204 tel: (315) 471-4074 fax: (315) 474-2328

Mon - Wed: Thurs: Fri: Sat:

9:30 am - 4:30 pm 9:30 am - 5:00 pm 9:30 am - 6:00 pm 9:00 am - 1:00 pm

WEBSTER NY BRANCH 900 Holt Road Webster, NY 14580 tel: (585) 545-6276 fax: (585) 872-5529

Mon-Wed: Thurs: Fri: Sat:

9:30 am - 4:00 pm 9:30 am - 6:00 pm 9:00 am - 6:00 pm 9:00 am - 1:00 pm