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PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Piscataway, NJ with 0 branch location and about $1.94 million in total assets. Opened 59 years ago in 1962, PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION has about 316 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
455 Hoes Ln
Piscataway, NJ 08854
Phone:(732) 562-6572
Fax:(732) 562-6562
Website:http://www.ptefcu.org
Branches:0 branch locations
Members:316
Credit Union Type:Federal Credit Union
Charter Number:15140
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1962
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,937,521
CEO/Manager:Randy Bahr
Chairperson:Scott Ullrich

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 674,432
TOTAL INVESTMENTS 674,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 371,987
 Other Loans 209,228
 TOTAL LOANS 581,215
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,002
 Land And Building 0
 Other Fixed Assets 968
 NCUSIF Deposit 15,179
 All Other Assets 1,729
  TOTAL ASSETS 1,937,521
LIABILITIES & CAPITAL:  
 Dividends Payable 1,045
 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 1,633,546
 All Other Shares & Deposits 30,501
  TOTAL SHARES & DEPOSITS 1,664,047
  TOTAL LIABILITIES 1,665,092
 Regular Reserve 70,672
 Other Reserves 0
 Undivided Earnings 201,757
  TOTAL EQUITY 272,429
  TOTAL LIABILITIES, SHARES, & EQUITY 1,937,521
INCOME & EXPENSE  
 Loan Income 12,294
 Investment Income 474
 Other Income 0
 Total Employee Compensation & Benefits 7,751
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,673
 Non-operating Income & (Expense) 6,344
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,036
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,652
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