Dec, 31, 2023 — PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION is a federal credit union headquartered in PLAINFIELD, NJ with 0 branch location and about $1.80 million in total assets. Opened 86 years ago in 1938, PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION has about 517 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION |
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Address: (Main Office) | 315 Central Ave PLAINFIELD, NJ 07060-4206 |
Phone: | (908) 753-3089 |
Fax: | (908) 822-7193 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 517 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2892 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,799,276 |
CEO/Manager: | J Joseph Woodring |
Chairperson: | Carlton L Owens |
ASSETS: | $ Amount |
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Cash & Equivalents | 10,453 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 491,710 |
Other Loans | 38,339 |
TOTAL LOANS | 530,049 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -35,620 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 18,029 |
All Other Assets | 0 |
TOTAL ASSETS | 1,799,276 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,425 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 50,341 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,430,699 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,430,699 |
TOTAL LIABILITIES | 1,482,465 |
Regular Reserve | 0 |
Other Reserves | 45,214 |
Undivided Earnings | 271,597 |
TOTAL EQUITY | 316,811 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,799,276 |
INCOME & EXPENSE | |
Loan Income | 67,356 |
Investment Income | 25,152 |
Other Income | 3,886 |
Total Employee Compensation & Benefits | 60,648 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 32,964 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 43,000 |
Cost of Funds | 8,102 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -48,320 |
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