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EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION

Mar, 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 $22.17 million in total assets. Opened 65 years ago in 1957, EAST ORANGE VA HOSPITAL FEDERAL CREDIT UNION has about 1,986 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:1,986
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:$22,172,389
CEO/Manager:Josephine Centrella
Chairperson:Richard Mannes

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,278,815
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 4,445,664
 Other Loans 2,744,214
 TOTAL LOANS 7,189,878
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -108,655
 Land And Building 0
 Other Fixed Assets 79,119
 NCUSIF Deposit 176,085
 All Other Assets 0
  TOTAL ASSETS 22,172,389
LIABILITIES & CAPITAL:  
 Dividends Payable 6,124
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 53,852
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 10,285,668
 All Other Shares & Deposits 9,529,852
  TOTAL SHARES & DEPOSITS 19,815,520
  TOTAL LIABILITIES 19,875,496
 Regular Reserve 0
 Other Reserves 136,941
 Undivided Earnings 2,159,952
  TOTAL EQUITY 2,296,893
  TOTAL LIABILITIES, SHARES, & EQUITY 22,172,389
INCOME & EXPENSE  
 Loan Income 151,032
 Investment Income 23,828
 Other Income 6,305
 Total Employee Compensation & Benefits 66,644
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 49,144
 Non-operating Income & (Expense) 22,136
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 19,000
 Cost of Funds 39,040
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 29,473
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