Sep, 30, 2025 — FIRST POINT FEDERAL CREDIT UNION is a federal credit union headquartered in HAMILTON, NJ with 2 branch locations and about $25.92 million in total assets. Opened 71 years ago in 1955, FIRST POINT FEDERAL CREDIT UNION has about 1,633 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: | FIRST POINT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2430 HAMILTON AVE STE 2 HAMILTON, NJ 08619 |
| Phone: | (609) 838-2847 |
| Fax: | (609) 838-2850 |
| Website: | https://www.firstpointfcu.com |
| Branches: | 2 branch locations |
| Members: | 1,633 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10319 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Aug 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,915,931 |
| CEO/Manager: | JUDY GERNHART |
| Chairperson: | ROBERT DELANEY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 545,934 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,636,263 |
| Unsecured Loans | 1,113,953 |
| Other Loans | 1,127,324 |
| TOTAL LOANS | 6,877,540 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -100,580 |
| Land And Building | 146,524 |
| Other Fixed Assets | 24,727 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 238,139 |
| All Other Assets | 0 |
| TOTAL ASSETS | 25,915,931 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 40,390 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,242,841 |
| Regular shares | 9,923,142 |
| All Other Shares & Deposits | 11,748,174 |
| TOTAL SHARES & DEPOSITS | 24,914,157 |
| TOTAL LIABILITIES | 24,954,547 |
| Regular Reserve | 0 |
| Other Reserves | -927,025 |
| Undivided Earnings | 1,888,409 |
| TOTAL EQUITY | 961,384 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,915,931 |
| INCOME & EXPENSE | |
| Loan Income | 362,898 |
| Investment Income | 409,498 |
| Other Income | 10,072 |
| Total Employee Compensation & Benefits | 222,999 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 220,172 |
| Non-operating Income & (Expense) | 39,829 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -10,000 |
| Cost of Funds | 368,144 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 21,455 |
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