Credit Unions Near Me
National Credit Union Service Organization

FIRST FINANCIAL FEDERAL CREDIT UNION

Mar, 31, 2021 — FIRST FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in Freehold, NJ with 4 branch locations and about $201.52 million in total assets. Opened 85 years ago in 1936, FIRST FINANCIAL FEDERAL CREDIT UNION has about 17,589 members and employs 46 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRST FINANCIAL FEDERAL CREDIT UNION
Address:
(Main Office)
391 US Highway 9
Freehold, NJ 07728-8562
Phone:(732) 312-1500
Fax:(732) 312-1526
Website:http://www.firstffcu.com
Branches:4 branch locations
Members:17,589
Credit Union Type:Federal Credit Union
Charter Number:1021
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2019
FHLB Member:Yes
Low Income Designation:No
Assets:$201,516,978
CEO/Manager:Issa Stephan
Chairperson:Gordon Holder

Call Report

  • Commercial Loans
  • Debt Cancellation/Suspension
  • Indirect Commercial Loans
  • Indirect Consumer Loans
  • Interest Only or Payment Option 1st Mortgage Loans
  • Micro Business Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Pay Day Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • Payday Alternative Loans (PAL Loans)
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • First Time Homebuyer Program
  • Insurance/Investment Sales
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 45,988,479
TOTAL INVESTMENTS 53,585,832
Loans Held for Sale 0
 
 Real Estate Loans 38,780,461
 Unsecured Loans 17,306,604
 Other Loans 36,373,387
 TOTAL LOANS 92,460,452
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,357,129
 Land And Building 9,974,897
 Other Fixed Assets 312,344
 NCUSIF Deposit 1,774,763
 All Other Assets 2,777,340
  TOTAL ASSETS 201,516,978
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 172,339
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 48,877,548
 Regular shares 103,235,458
 All Other Shares & Deposits 43,461,689
  TOTAL SHARES & DEPOSITS 195,574,695
  TOTAL LIABILITIES 195,747,034
 Regular Reserve 4,493,514
 Other Reserves -2,839,044
 Undivided Earnings 4,115,474
  TOTAL EQUITY 5,769,944
  TOTAL LIABILITIES, SHARES, & EQUITY 201,516,978
INCOME & EXPENSE  
 Loan Income 1,014,257
 Investment Income 84,566
 Other Income 574,002
 Total Employee Compensation & Benefits 707,800
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 837,299
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,736
 Cost of Funds 19,688
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 133,840
↑ Back to Top

Other Credit Unions

BAY RIDGE LODGE NO 632 FEDERAL CREDIT UNION
66 Caldwell Ter
MARLBORO, NJ 07746-1779
N. J. LATVIAN FEDERAL CREDIT UNION
1017 State Route 33
FREEHOLD, NJ 07728-8440
NESTLE (FREEHOLD) EMPLOYEES FEDERAL CREDIT UNION
61 Jerseyville Ave
FREEHOLD, NJ 07728
EMPIRE FINANCIAL FEDERAL CREDIT UNION
36 CHRISTOPHER COLUMBUS BLVD.
JACKSON, NJ 08527-2215
CRIERS FEDERAL CREDIT UNION
665-C Azalea Plaza
MONROE TOWNSHIP, NJ 08831
SAKER SHOP RITE FEDERAL CREDIT UNION
10 CENTERVILLE RD
HOLMDEL, NJ 07733
MONMOUTH COUNTY POSTAL EMPLOYEES CREDIT UNION
PO Box 518
RED BANK, NJ 07701
LAKEHURST NAVAL FEDERAL CREDIT UNION
60 LANSDOWNE RD
LAKEHURST NAEC, NJ 08733-5021