Dec, 31, 2023 — LINDEN NJ POLICE & FIREMEN FEDERAL CREDIT UNION is a federal credit union headquartered in LINDEN, NJ with 1 branch location and about $8.18 million in total assets. Opened 86 years ago in 1938, LINDEN NJ POLICE & FIREMEN FEDERAL CREDIT UNION has about 1,121 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: | LINDEN NJ POLICE & FIREMEN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 300 W SAINT GEORGES AVE LINDEN, NJ 07036-5638 |
| Phone: | (908) 486-7249 |
| Fax: | (908) 486-0274 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,121 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2617 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,183,343 |
| CEO/Manager: | Robert F Bunk |
| Chairperson: | Sal Bivona |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 307,460 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 794,135 |
| Other Loans | 85,386 |
| TOTAL LOANS | 879,521 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,918 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 75,984 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,183,343 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 11,220 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 150,827 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,994,794 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 5,994,794 |
| TOTAL LIABILITIES | 6,156,841 |
| Regular Reserve | 0 |
| Other Reserves | 191,000 |
| Undivided Earnings | 1,835,502 |
| TOTAL EQUITY | 2,026,502 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,183,343 |
| INCOME & EXPENSE | |
| Loan Income | 59,335 |
| Investment Income | 172,966 |
| Other Income | 3,604 |
| Total Employee Compensation & Benefits | 74,640 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 36,287 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 49,068 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 74,341 |
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