Dec, 31, 2023 — EAST ORANGE FIREMENS FEDERAL CREDIT UNION is a federal credit union headquartered in BLOOMFIELD, NJ with 1 branch location and about $9.47 million in total assets. Opened 68 years ago in 1956, EAST ORANGE FIREMENS FEDERAL CREDIT UNION has about 775 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EAST ORANGE FIREMENS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 27 West St Ste G BLOOMFIELD, NJ 07003 |
| Phone: | (973) 677-0969 |
| Fax: | (973) 677-0969 |
| Website: | https://eoffcu.com |
| Branches: | 1 branch locations |
| Members: | 775 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11014 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Nov 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,465,478 |
| CEO/Manager: | Kevin M Kingston |
| Chairperson: | Anthony L Thompson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 896,629 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,357,233 |
| Other Loans | 4,728,121 |
| TOTAL LOANS | 7,085,356 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -176,866 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 98,248 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,465,478 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,462 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,159 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 7,113,329 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 7,113,329 |
| TOTAL LIABILITIES | 7,127,950 |
| Regular Reserve | 0 |
| Other Reserves | 91,087 |
| Undivided Earnings | 2,246,441 |
| TOTAL EQUITY | 2,337,528 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,465,478 |
| INCOME & EXPENSE | |
| Loan Income | 631,665 |
| Investment Income | 61,133 |
| Other Income | 10,451 |
| Total Employee Compensation & Benefits | 126,825 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 115,148 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 105,065 |
| Cost of Funds | 211,816 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 144,395 |
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