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DEFENSE LOGISTICS FEDERAL CREDIT UNION

Mar, 31, 2022 — DEFENSE LOGISTICS FEDERAL CREDIT UNION is a federal credit union headquartered in PICATINNY ARSEN, NJ with 0 branch location and about $445,625 in total assets. Opened 63 years ago in 1959, DEFENSE LOGISTICS FEDERAL CREDIT UNION has about 208 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:(541) 225-6639
Fax:
Website:n/a
Branches:0 branch locations
Members:208
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:$445,625
CEO/Manager:Bruce Heurgue
Chairperson:

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 274,167
TOTAL INVESTMENTS 7,877
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 50,785
 Other Loans 118,624
 TOTAL LOANS 169,409
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,979
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 4,826
 All Other Assets -1,675
  TOTAL ASSETS 445,625
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 21
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 403,715
 All Other Shares & Deposits 12,591
  TOTAL SHARES & DEPOSITS 416,306
  TOTAL LIABILITIES 416,327
 Regular Reserve 38,047
 Other Reserves 0
 Undivided Earnings -8,749
  TOTAL EQUITY 29,298
  TOTAL LIABILITIES, SHARES, & EQUITY 445,625
INCOME & EXPENSE  
 Loan Income 4,923
 Investment Income 3,398
 Other Income 12
 Total Employee Compensation & Benefits 11,840
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,088
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 92
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -8,749
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