Credit Unions Near Me
National Credit Union Service Organization

ISRAEL MEMORIAL A M E FEDERAL CREDIT UNION

Sep, 30, 2022 — ISRAEL MEMORIAL A M E FEDERAL CREDIT UNION is a federal credit union headquartered in NEWARK, NJ with 0 branch location and about $356,377 in total assets. Opened 67 years ago in 1956, ISRAEL MEMORIAL A M E FEDERAL CREDIT UNION has about 174 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ISRAEL MEMORIAL A M E FEDERAL CREDIT UNION
Address:
(Main Office)
54 Lincoln St
NEWARK, NJ 07103
Phone:(973) 643-1333
Fax:(973) 643-9559
Website:n/a
Branches:0 branch locations
Members:174
Credit Union Type:Federal Credit Union
Charter Number:10803
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1956
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$356,377
CEO/Manager:Vernon C Webb
Chairperson:Laverne M Merritt

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 99,481
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 8,528
 Other Loans 56,955
 TOTAL LOANS 65,483
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,500
 Land And Building 0
 Other Fixed Assets 786
 NCUSIF Deposit 2,394
 All Other Assets 0
  TOTAL ASSETS 356,377
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,161
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 217,454
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 217,454
  TOTAL LIABILITIES 218,615
 Regular Reserve 0
 Other Reserves 62,588
 Undivided Earnings 75,174
  TOTAL EQUITY 137,762
  TOTAL LIABILITIES, SHARES, & EQUITY 356,377
INCOME & EXPENSE  
 Loan Income 3,089
 Investment Income 75
 Other Income 889
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 5,391
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 41
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -779
↑ Back to Top

Other Credit Unions

MESSIAH BAPTIST CHURCH FEDERAL CREDIT UNION
13 Oak St # 17
EAST ORANGE, NJ 07018
NEW COMMUNITY FEDERAL CREDIT UNION
274 S Orange Ave
NEWARK, NJ 07103-2419
NEWARK POST OFFICE EMPLOYEES CREDIT UNION
2 Federal Sq
NEWARK, NJ 07102-3515
ESSEX COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION
465 Dr Martin Luther King Jr Blvd,
NEWARK, NJ 07102-1705
I.L.A. LOCAL 1235 FEDERAL CREDIT UNION
327 Milltown RD
SPRINGFIELD, NJ 07081
ELIZABETH (N.J.) FIREMEN'S FEDERAL CREDIT UNION
411 Irvington Ave
ELIZABETH, NJ 07208-2044
LOCAL 1233 FEDERAL CREDIT UNION
19 Fenwick St
NEWARK, NJ 07114
FEDERAL EMPLOYEES NEWARK FEDERAL CREDIT UNION
970 Broad St
NEWARK, NJ 07102-2534
PUBLIC SERVICE PLAZA FEDERAL CREDIT UNION
80 Park Plz
NEWARK, NJ 07102
DIVISION 819 TRANSIT EMPLOYEES CREDIT UNION
186 Brookside Ave
IRVINGTON, NJ 07111