Sep, 30, 2025 — PASSAIC POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in PASSAIC, NJ with 1 branch location and about $7.00 million in total assets. Opened 68 years ago in 1958, PASSAIC POLICE FEDERAL CREDIT UNION has about 618 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PASSAIC POLICE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 330 Passaic St PASSAIC, NJ 07055-5815 |
| Phone: | (973) 365-3991 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 618 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12227 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,999,649 |
| CEO/Manager: | Bart J Giaconia |
| Chairperson: | Juan Zuniga |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 334,263 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,168,638 |
| Other Loans | 0 |
| TOTAL LOANS | 2,168,638 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -88,254 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 61,591 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,999,649 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,157 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 6,017,815 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 6,017,815 |
| TOTAL LIABILITIES | 6,021,972 |
| Regular Reserve | 0 |
| Other Reserves | -73,020 |
| Undivided Earnings | 1,050,697 |
| TOTAL EQUITY | 977,677 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,999,649 |
| INCOME & EXPENSE | |
| Loan Income | 160,749 |
| Investment Income | 86,543 |
| Other Income | 2,360 |
| Total Employee Compensation & Benefits | 15,014 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 14,560 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 140,553 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,504 |
| ↑ Back to Top | |