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EAST ORANGE FIREMENS FEDERAL CREDIT UNION

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
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
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

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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