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PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2022 — PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in PISCATAWAY, NJ with 0 branch location and about $1.90 million in total assets. Opened 60 years ago in 1962, PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION has about 314 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:314
Credit Union Type:Federal Credit Union
Charter Number:15140
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1962
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,895,508
CEO/Manager:Randy Bahr
Chairperson:Scott Ullrich

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 662,420
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 405,757
 Other Loans 140,064
 TOTAL LOANS 545,821
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,187
 Land And Building 0
 Other Fixed Assets 396
 NCUSIF Deposit 15,179
 All Other Assets 0
  TOTAL ASSETS 1,895,508
LIABILITIES & CAPITAL:  
 Dividends Payable 1,080
 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 1,581,670
 All Other Shares & Deposits 21,601
  TOTAL SHARES & DEPOSITS 1,603,271
  TOTAL LIABILITIES 1,604,351
 Regular Reserve 0
 Other Reserves 70,672
 Undivided Earnings 220,485
  TOTAL EQUITY 291,157
  TOTAL LIABILITIES, SHARES, & EQUITY 1,895,508
INCOME & EXPENSE  
 Loan Income 11,195
 Investment Income 367
 Other Income 0
 Total Employee Compensation & Benefits 8,073
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,850
 Non-operating Income & (Expense) 5,202
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,033
 Cost of Funds 1,080
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,728
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