Dec, 31, 2023 — NEW JERSEY COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in MOORESTOWN, NJ with 1 branch location and about $8.65 million in total assets. Opened 70 years ago in 1954, NEW JERSEY COMMUNITY FEDERAL CREDIT UNION has about 919 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NEW JERSEY COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 144 W Route 38 MOORESTOWN, NJ 08057 |
Phone: | (856) 235-2077 |
Fax: | (856) 235-2904 |
Website: | https://www.newjerseycommunityfcu.com/ |
Branches: | 1 branch locations |
Members: | 919 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9555 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,651,080 |
CEO/Manager: | paul j ladd |
Chairperson: | martin silverman |
ASSETS: | $ Amount |
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Cash & Equivalents | 323,836 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,997,965 |
Unsecured Loans | 647,936 |
Other Loans | 1,114,576 |
TOTAL LOANS | 3,760,477 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,710 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 86,495 |
All Other Assets | 0 |
TOTAL ASSETS | 8,651,080 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 51,497 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 907,349 |
Regular shares | 5,578,424 |
All Other Shares & Deposits | 1,607,388 |
TOTAL SHARES & DEPOSITS | 8,093,161 |
TOTAL LIABILITIES | 8,144,658 |
Regular Reserve | 0 |
Other Reserves | 241,519 |
Undivided Earnings | 264,903 |
TOTAL EQUITY | 506,422 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,651,080 |
INCOME & EXPENSE | |
Loan Income | 247,648 |
Investment Income | 90,211 |
Other Income | 90,964 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 378,514 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,000 |
Cost of Funds | 15,880 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 28,429 |
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