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EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION

Dec, 31, 2020 — EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in East Orange, NJ with 2 branch locations and about $19.74 million in total assets. Opened 64 years ago in 1957, EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION has about 1,965 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:http://www.eovahfcu.com
Branches:2 branch locations
Members:1,965
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$19,740,311
CEO/Manager:Josephine Centrella
Chairperson:Richard Mannes

Call Report

  • Real Estate Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,723,769
TOTAL INVESTMENTS 5,917,667
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 4,737,556
 Other Loans 2,196,074
 TOTAL LOANS 6,933,630
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -124,423
 Land And Building 0
 Other Fixed Assets 111,619
 NCUSIF Deposit 147,098
 All Other Assets 30,951
  TOTAL ASSETS 19,740,311
LIABILITIES & CAPITAL:  
 Dividends Payable 5,210
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 28,766
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,712,748
 All Other Shares & Deposits 8,895,731
  TOTAL SHARES & DEPOSITS 17,608,479
  TOTAL LIABILITIES 17,642,455
 Regular Reserve 136,941
 Other Reserves 0
 Undivided Earnings 1,960,915
  TOTAL EQUITY 2,097,856
  TOTAL LIABILITIES, SHARES, & EQUITY 19,740,311
INCOME & EXPENSE  
 Loan Income 725,432
 Investment Income 129,625
 Other Income 18,830
 Total Employee Compensation & Benefits 275,288
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 187,609
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 98,500
 Cost of Funds 205,050
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 107,440
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