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 |
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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 |
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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 |
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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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