Dec, 31, 2020 — PEOPLES TRANSPORT FEDERAL CREDIT UNION is a federal credit union headquartered in MOUNT EPHRAIM, NJ with 1 branch location and about $12.32 million in total assets. Opened 62 years ago in 1959, PEOPLES TRANSPORT FEDERAL CREDIT UNION has about 1,328 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PEOPLES TRANSPORT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 136 W. KINGS HWY MOUNT EPHRAIM, NJ 08059 |
| Phone: | (856) 931-2180 |
| Fax: | (856) 931-1925 |
| Website: | http://peoplestransportfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,328 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12956 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,323,958 |
| CEO/Manager: | Patricia M Beck |
| Chairperson: | Jaime L Lyles |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,944,678 |
| TOTAL INVESTMENTS | 4,246,994 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,800,584 |
| Other Loans | 3,346,620 |
| TOTAL LOANS | 5,147,204 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -276,156 |
| Land And Building | 146,336 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 90,640 |
| All Other Assets | 24,262 |
| TOTAL ASSETS | 12,323,958 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 12,832 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 112,463 |
| Regular shares | 3,845,879 |
| All Other Shares & Deposits | 7,012,590 |
| TOTAL SHARES & DEPOSITS | 10,970,932 |
| TOTAL LIABILITIES | 10,983,764 |
| Regular Reserve | 237,409 |
| Other Reserves | 0 |
| Undivided Earnings | 1,102,785 |
| TOTAL EQUITY | 1,340,194 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,323,958 |
| INCOME & EXPENSE | |
| Loan Income | 549,238 |
| Investment Income | 33,951 |
| Other Income | 32,577 |
| Total Employee Compensation & Benefits | 206,688 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 198,238 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 53,000 |
| Cost of Funds | 157,631 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 209 |
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