Dec, 31, 2022 — EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in EAST ORANGE, NJ with 2 branch locations and about $21.94 million in total assets. Opened 66 years ago in 1957, EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION has about 2,019 members and employs 4 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 VA HOSPITAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 385 Tremont Ave EAST ORANGE, NJ 07018-1023 |
| Phone: | (973) 672-2073 |
| Fax: | (973) 672-8121 |
| Website: | https://www.eovahfcu.com |
| Branches: | 2 branch locations |
| Members: | 2,019 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11604 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Feb 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $21,944,928 |
| CEO/Manager: | Josephine Centrella |
| Chairperson: | Richard Mannes |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,138,854 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 5,042,198 |
| Other Loans | 3,260,726 |
| TOTAL LOANS | 8,302,924 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -111,369 |
| Land And Building | 0 |
| Other Fixed Assets | 66,320 |
| NCUSIF Deposit | 173,245 |
| All Other Assets | 0 |
| TOTAL ASSETS | 21,944,928 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,319 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,064 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,580 |
| Regular shares | 10,435,851 |
| All Other Shares & Deposits | 9,110,814 |
| TOTAL SHARES & DEPOSITS | 19,555,245 |
| TOTAL LIABILITIES | 19,578,628 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,366,300 |
| TOTAL EQUITY | 2,366,300 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 21,944,928 |
| INCOME & EXPENSE | |
| Loan Income | 493,008 |
| Investment Income | 102,246 |
| Other Income | 14,698 |
| Total Employee Compensation & Benefits | 218,733 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 147,789 |
| Non-operating Income & (Expense) | 22,136 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 51,140 |
| Cost of Funds | 115,545 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 98,881 |
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