Jun, 30, 2024 — EAST ORANGE FIREMENS FEDERAL CREDIT UNION is a federal credit union headquartered in BLOOMFIELD, NJ with 1 branch location and about $12.33 million in total assets. Opened 68 years ago in 1956, EAST ORANGE FIREMENS FEDERAL CREDIT UNION has about 744 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: | EAST ORANGE FIREMENS FEDERAL CREDIT UNION |
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Address: (Main Office) | 27 West St Ste G BLOOMFIELD, NJ 07003 |
Phone: | (973) 677-0969 |
Fax: | (973) 677-0969 |
Website: | https://eoffcu.com |
Branches: | 1 branch locations |
Members: | 744 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11014 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Nov 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $12,333,619 |
CEO/Manager: | Kevin M Kingston |
Chairperson: | Douglas A Brookes |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,249,142 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 2,327,980 |
Other Loans | 5,054,904 |
TOTAL LOANS | 7,382,884 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -172,626 |
Land And Building | 0 |
Other Fixed Assets | 9,686 |
NCUSIF Deposit | 96,068 |
All Other Assets | 0 |
TOTAL ASSETS | 12,333,619 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,462 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 12,124 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 10,154,764 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 10,154,764 |
TOTAL LIABILITIES | 10,168,350 |
Regular Reserve | 0 |
Other Reserves | 91,087 |
Undivided Earnings | 2,074,182 |
TOTAL EQUITY | 2,165,269 |
TOTAL LIABILITIES, SHARES, & EQUITY | 12,333,619 |
INCOME & EXPENSE | |
Loan Income | 380,528 |
Investment Income | 10,468 |
Other Income | 6,403 |
Total Employee Compensation & Benefits | 116,020 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 64,615 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,000 |
Cost of Funds | 114,242 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 93,522 |
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