Dec, 31, 2023 — ELIZABETH POLICE DEPARTMENT E FEDERAL CREDIT UNION is a federal credit union headquartered in ELIZABETH, NJ with 1 branch location and about $2.05 million in total assets. Opened 85 years ago in 1939, ELIZABETH POLICE DEPARTMENT E FEDERAL CREDIT UNION has about 307 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ELIZABETH POLICE DEPARTMENT E FEDERAL CREDIT UNION |
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Address: (Main Office) | 1 POLICE PLZ ELIZABETH, NJ 07201-2300 |
Phone: | (908) 558-2085 |
Fax: | (908) 558-0048 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 307 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3356 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,054,095 |
CEO/Manager: | Dennis Cabarle |
Chairperson: | JAMES KEARNS |
ASSETS: | $ Amount |
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Cash & Equivalents | 320,012 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 971,634 |
Other Loans | 0 |
TOTAL LOANS | 971,634 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,863 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 12,846 |
All Other Assets | 0 |
TOTAL ASSETS | 2,054,095 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 93 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 13,367 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,161,088 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,161,088 |
TOTAL LIABILITIES | 1,174,548 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 879,547 |
TOTAL EQUITY | 879,547 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,054,095 |
INCOME & EXPENSE | |
Loan Income | 101,518 |
Investment Income | 25,732 |
Other Income | 1,792 |
Total Employee Compensation & Benefits | 97,383 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 25,346 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 510 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,803 |
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