Dec, 31, 2023 — EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in EAST ORANGE, NJ with 2 branch locations and about $20.73 million in total assets. Opened 67 years ago in 1957, EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION has about 2,105 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 385 Tremont Ave EAST ORANGE, NJ 07018-1023 |
| Phone: | (973) 672-2073 |
| Fax: | (973) 672-8121 |
| Website: | https://www.eovahfcu.com |
| Branches: | 2 branch locations |
| Members: | 2,105 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11604 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Feb 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $20,727,366 |
| CEO/Manager: | Josephine Centrella |
| Chairperson: | Richard Mannes |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,106,728 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 5,177,843 |
| Other Loans | 4,592,567 |
| TOTAL LOANS | 9,770,410 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -197,180 |
| Land And Building | 0 |
| Other Fixed Assets | 57,440 |
| NCUSIF Deposit | 158,637 |
| All Other Assets | 0 |
| TOTAL ASSETS | 20,727,366 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 5,563 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,589 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 104,091 |
| Regular shares | 8,596,434 |
| All Other Shares & Deposits | 9,727,656 |
| TOTAL SHARES & DEPOSITS | 18,428,180 |
| TOTAL LIABILITIES | 18,444,332 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,283,034 |
| TOTAL EQUITY | 2,283,034 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 20,727,366 |
| INCOME & EXPENSE | |
| Loan Income | 801,248 |
| Investment Income | 247,523 |
| Other Income | 22,770 |
| Total Employee Compensation & Benefits | 357,517 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 217,344 |
| Non-operating Income & (Expense) | 16,467 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 105,413 |
| Cost of Funds | 315,876 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 91,858 |
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