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DEFENSE LOGISTICS FEDERAL CREDIT UNION

Mar, 31, 2021 — DEFENSE LOGISTICS FEDERAL CREDIT UNION is a federal credit union headquartered in PICATINNY ARSEN, NJ with 1 branch location and about $506,435 in total assets. Opened 62 years ago in 1959, DEFENSE LOGISTICS FEDERAL CREDIT UNION has about 219 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:219
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:$506,435
CEO/Manager:Antonio Checchia
Chairperson:

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 12,264
TOTAL INVESTMENTS 276,584
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 73,286
 Other Loans 128,693
 TOTAL LOANS 201,979
 (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 15,955
  TOTAL ASSETS 506,435
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 470,767
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 470,767
  TOTAL LIABILITIES 470,767
 Regular Reserve 38,047
 Other Reserves 21
 Undivided Earnings -2,400
  TOTAL EQUITY 35,668
  TOTAL LIABILITIES, SHARES, & EQUITY 506,435
INCOME & EXPENSE  
 Loan Income 2,838
 Investment Income 1,837
 Other Income 6
 Total Employee Compensation & Benefits 5,922
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,397
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 48
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,401
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