DEFENSE LOGISTICS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — DEFENSE LOGISTICS FEDERAL CREDIT UNION is a federal credit union headquartered in PICATINNY ARSEN, NJ with 0 branch location and about $445,625 in total assets. Opened 65 years ago in 1959, DEFENSE LOGISTICS FEDERAL CREDIT UNION has about 208 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DEFENSE LOGISTICS FEDERAL CREDIT UNION |
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Address: (Main Office) | 93 ARDEC BLDING, 100 PICATINNY ARSE PICATINNY ARSEN, NJ 07806-5300 |
Phone: | (541) 225-6639 |
Fax: | |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 208 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13169 |
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Membership Type: | Multiple common bond - Primarily military |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Jun 01, 2018 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $445,625 |
CEO/Manager: | Bruce Heurgue |
Chairperson: |
ASSETS: | $ Amount |
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Cash & Equivalents | 274,167 |
TOTAL INVESTMENTS | 7,877 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 50,785 |
Other Loans | 118,624 |
TOTAL LOANS | 169,409 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,979 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 4,826 |
All Other Assets | -1,675 |
TOTAL ASSETS | 445,625 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 21 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 403,715 |
All Other Shares & Deposits | 12,591 |
TOTAL SHARES & DEPOSITS | 416,306 |
TOTAL LIABILITIES | 416,327 |
Regular Reserve | 38,047 |
Other Reserves | 0 |
Undivided Earnings | -8,749 |
TOTAL EQUITY | 29,298 |
TOTAL LIABILITIES, SHARES, & EQUITY | 445,625 |
INCOME & EXPENSE | |
Loan Income | 4,923 |
Investment Income | 3,398 |
Other Income | 12 |
Total Employee Compensation & Benefits | 11,840 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 11,088 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 92 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -8,749 |
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