BAKER FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.bakerfcu.org for more information.
Sep, 30, 2025 — BAKER FEDERAL CREDIT UNION is a federal credit union headquartered in Phillipsburg, NJ with 1 branch location and about $43.60 million in total assets. Opened 65 years ago in 1961, BAKER FEDERAL CREDIT UNION has about 3,958 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BAKER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 501 Baltimore St Phillipsburg, NJ 08865-1845 |
| Phone: | (908) 859-2340 |
| Fax: | (908) 859-1817 |
| Website: | https://www.bakerfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,958 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14127 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,597,450 |
| CEO/Manager: | Susan A Rodriguez |
| Chairperson: | David T Hlavinka |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 28,589,342 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,915,719 |
| Unsecured Loans | 576,901 |
| Other Loans | 6,352,598 |
| TOTAL LOANS | 12,845,218 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -151,406 |
| Land And Building | 378,126 |
| Other Fixed Assets | 19,343 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 361,675 |
| All Other Assets | 0 |
| TOTAL ASSETS | 43,597,450 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 123,200 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,752,426 |
| Regular shares | 18,159,276 |
| All Other Shares & Deposits | 13,983,291 |
| TOTAL SHARES & DEPOSITS | 41,894,993 |
| TOTAL LIABILITIES | 42,018,193 |
| Regular Reserve | 0 |
| Other Reserves | 1,173,358 |
| Undivided Earnings | 405,899 |
| TOTAL EQUITY | 1,579,257 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,597,450 |
| INCOME & EXPENSE | |
| Loan Income | 152,219 |
| Investment Income | 43,966 |
| Other Income | 190,992 |
| Total Employee Compensation & Benefits | 140,760 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 841,235 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -499,367 |
| Cost of Funds | 7,290 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -691,131 |
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