Dec, 31, 2023 — ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SUMMIT, NJ with 2 branch locations and about $29.98 million in total assets. Opened 50 years ago in 1974, ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION has about 5,194 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 99 Beauvoir Ave Fl 2 SUMMIT, NJ 07901 |
Phone: | (908) 522-3530 |
Fax: | (908) 277-3530 |
Website: | https://www.ahefcu.org |
Branches: | 2 branch locations |
Members: | 5,194 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 21737 |
---|---|
Membership Type: | Service - Health Care |
Corporate Credit Union: | No |
Year Opened: | 1974 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $29,982,575 |
CEO/Manager: | Susan B McNulty |
Chairperson: | Anita Whalen |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 500,031 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 23,009 |
Unsecured Loans | 4,172,728 |
Other Loans | 9,280,970 |
TOTAL LOANS | 13,476,707 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -129,901 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 251,229 |
All Other Assets | 0 |
TOTAL ASSETS | 29,982,575 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 216,770 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,548,084 |
Regular shares | 19,547,881 |
All Other Shares & Deposits | 4,781,784 |
TOTAL SHARES & DEPOSITS | 26,877,750 |
TOTAL LIABILITIES | 27,094,520 |
Regular Reserve | 0 |
Other Reserves | 219,340 |
Undivided Earnings | 2,668,715 |
TOTAL EQUITY | 2,888,055 |
TOTAL LIABILITIES, SHARES, & EQUITY | 29,982,575 |
INCOME & EXPENSE | |
Loan Income | 969,389 |
Investment Income | 213,195 |
Other Income | 102,615 |
Total Employee Compensation & Benefits | 528,548 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 586,714 |
Non-operating Income & (Expense) | 750 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 90,000 |
Cost of Funds | 161,329 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 60,095 |
↑ Back to Top |