Dec, 31, 2020 — DEFENSE LOGISTICS FEDERAL CREDIT UNION is a federal credit union headquartered in PICATINNY ARSEN, NJ with 1 branch location and about $541,146 in total assets. Opened 62 years ago in 1959, DEFENSE LOGISTICS FEDERAL CREDIT UNION has about 240 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DEFENSE LOGISTICS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 93 ARDEC BLDING, 100 PICATINNY ARSE PICATINNY ARSEN, NJ 07806-5300 |
| Phone: | (973) 891-3807 |
| Fax: | (973) 724-4295 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 240 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13169 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Jun 01, 2018 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $541,146 |
| CEO/Manager: | Antonio Checchia |
| Chairperson: |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,030 |
| TOTAL INVESTMENTS | 276,681 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 101,147 |
| Other Loans | 141,971 |
| TOTAL LOANS | 243,118 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,720 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 6,373 |
| All Other Assets | 14,664 |
| TOTAL ASSETS | 541,146 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 503,099 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 503,099 |
| TOTAL LIABILITIES | 503,099 |
| Regular Reserve | 38,047 |
| Other Reserves | 0 |
| Undivided Earnings | 0 |
| TOTAL EQUITY | 38,047 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 541,146 |
| INCOME & EXPENSE | |
| Loan Income | 16,578 |
| Investment Income | 7,508 |
| Other Income | 1,086 |
| Total Employee Compensation & Benefits | 23,672 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 7,676 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,720 |
| Cost of Funds | 236 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -13,132 |
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