Jun, 30, 2021 — ENERGY PEOPLE FEDERAL CREDIT UNION is a federal credit union headquartered in MEDFORD, NJ with 1 branch location and about $18.52 million in total assets. Opened 61 years ago in 1960, ENERGY PEOPLE FEDERAL CREDIT UNION has about 1,322 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ENERGY PEOPLE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 279 MEDFORD, NJ 08055 |
| Phone: | (609) 268-9222 |
| Fax: | (609) 268-7350 |
| Website: | http://energypeoplefcu.com |
| Branches: | 1 branch locations |
| Members: | 1,322 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13729 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Apr 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,524,943 |
| CEO/Manager: | Janice B Hughes |
| Chairperson: | Robert Solomen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,401,099 |
| TOTAL INVESTMENTS | 2,156,522 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,489,630 |
| Unsecured Loans | 928,854 |
| Other Loans | 6,318,326 |
| TOTAL LOANS | 13,736,810 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -97,964 |
| Land And Building | 0 |
| Other Fixed Assets | 70,946 |
| NCUSIF Deposit | 139,999 |
| All Other Assets | 117,531 |
| TOTAL ASSETS | 18,524,943 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 15,660 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 9,598,080 |
| All Other Shares & Deposits | 5,710,845 |
| TOTAL SHARES & DEPOSITS | 15,308,925 |
| TOTAL LIABILITIES | 15,324,585 |
| Regular Reserve | 436,555 |
| Other Reserves | 0 |
| Undivided Earnings | 2,763,803 |
| TOTAL EQUITY | 3,200,358 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,524,943 |
| INCOME & EXPENSE | |
| Loan Income | 316,306 |
| Investment Income | 7,571 |
| Other Income | 10,240 |
| Total Employee Compensation & Benefits | 200,689 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 60,135 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,244 |
| Cost of Funds | 62,851 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,198 |
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