Dec, 31, 2023 — GARDEN STATE FEDERAL CREDIT UNION is a federal credit union headquartered in MOORESTOWN, NJ with 2 branch locations and about $39.12 million in total assets. Opened 64 years ago in 1960, GARDEN STATE FEDERAL CREDIT UNION has about 3,600 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GARDEN STATE FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 144 W ROUTE 38 MOORESTOWN, NJ 08057-3223 |
Phone: | (856) 235-2077 |
Fax: | (856) 235-2904 |
Website: | https://gardenstatefcu.org |
Branches: | 2 branch locations |
Members: | 3,600 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14015 |
---|---|
Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $39,118,242 |
CEO/Manager: | Paul J Ladd |
Chairperson: | MARK PASTORIZA |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 229,545 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 15,748,892 |
Unsecured Loans | 3,373,135 |
Other Loans | 6,853,167 |
TOTAL LOANS | 25,975,194 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -265,467 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 344,729 |
All Other Assets | 0 |
TOTAL ASSETS | 39,118,242 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 222,909 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,130,293 |
Regular shares | 15,814,494 |
All Other Shares & Deposits | 15,097,193 |
TOTAL SHARES & DEPOSITS | 36,041,979 |
TOTAL LIABILITIES | 36,264,888 |
Regular Reserve | 0 |
Other Reserves | 2,070,675 |
Undivided Earnings | 782,679 |
TOTAL EQUITY | 2,853,354 |
TOTAL LIABILITIES, SHARES, & EQUITY | 39,118,242 |
INCOME & EXPENSE | |
Loan Income | 1,672,258 |
Investment Income | 247,242 |
Other Income | 342,373 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,800,878 |
Non-operating Income & (Expense) | 353 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 180,778 |
Cost of Funds | 316,584 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 120,374 |
↑ Back to Top |