ONE TWENTY CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — ONE TWENTY CREDIT UNION is a federally insured state chartered credit union headquartered in JAMAICA PLAIN, MA with 1 branch location and about $415,842 in total assets. Opened 75 years ago in 1949, ONE TWENTY CREDIT UNION has about 96 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ONE TWENTY CREDIT UNION |
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Address: (Main Office) | PO BOX 300041 JAMAICA PLAIN, MA 02130 |
Phone: | (617) 257-8621 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 96 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68019 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1949 |
Last Audited: | Mar 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $415,842 |
CEO/Manager: | Thomas F Connell |
Chairperson: |
ASSETS: | $ Amount |
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Cash & Equivalents | 220,007 |
TOTAL INVESTMENTS | 195,835 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 0 |
Other Loans | 0 |
TOTAL LOANS | 0 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 0 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 415,842 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 302,914 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 302,914 |
TOTAL LIABILITIES | 302,914 |
Regular Reserve | 8,000 |
Other Reserves | 0 |
Undivided Earnings | 104,928 |
TOTAL EQUITY | 112,928 |
TOTAL LIABILITIES, SHARES, & EQUITY | 415,842 |
INCOME & EXPENSE | |
Loan Income | 708 |
Investment Income | 4,636 |
Other Income | 70 |
Total Employee Compensation & Benefits | 7,181 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,272 |
Non-operating Income & (Expense) | 26,281 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 0 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 21,242 |
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