Sep, 30, 2025 — RESEARCH 1166 FEDERAL CREDIT UNION is a federal credit union headquartered in SWEDESBORO, NJ with 1 branch location and about $17.69 million in total assets. Opened 90 years ago in 1936, RESEARCH 1166 FEDERAL CREDIT UNION has about 2,308 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | RESEARCH 1166 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 95 Woodstown Rd SWEDESBORO, NJ 08085 |
| Phone: | (856) 542-9241 |
| Fax: | (856) 542-9235 |
| Website: | https://www.1166fcu.org |
| Branches: | 1 branch locations |
| Members: | 2,308 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1166 |
|---|---|
| Membership Type: | Multiple common bond - Primarily petroleum refining |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,690,812 |
| CEO/Manager: | Michael J DiPlacido |
| Chairperson: | Michael F Shawaryn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,510,462 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,949,217 |
| Unsecured Loans | 576,166 |
| Other Loans | 3,767,354 |
| TOTAL LOANS | 8,292,737 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -54,031 |
| Land And Building | 19,422 |
| Other Fixed Assets | 37,450 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 169,240 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,690,812 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 24,310 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,166,042 |
| Regular shares | 6,484,445 |
| All Other Shares & Deposits | 4,599,158 |
| TOTAL SHARES & DEPOSITS | 16,249,645 |
| TOTAL LIABILITIES | 16,273,955 |
| Regular Reserve | 0 |
| Other Reserves | 381,977 |
| Undivided Earnings | 1,034,880 |
| TOTAL EQUITY | 1,416,857 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,690,812 |
| INCOME & EXPENSE | |
| Loan Income | 342,530 |
| Investment Income | 176,979 |
| Other Income | 62,979 |
| Total Employee Compensation & Benefits | 317,496 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 288,999 |
| Non-operating Income & (Expense) | 7,736 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 32,284 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -8,893 |
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