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PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2020 — PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Piscataway, NJ with 0 branch location and about $1.85 million in total assets. Opened 59 years ago in 1962, PISCATAWAY TOWNSHIP EMPLOYEES FEDERAL CREDIT UNION has about 341 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:341
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:$1,851,044
CEO/Manager:Randy Bahr
Chairperson:Scott Ullrich

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 418,223
TOTAL INVESTMENTS 776,500
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 424,131
 Other Loans 222,941
 TOTAL LOANS 647,072
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,445
 Land And Building 0
 Other Fixed Assets 1,111
 NCUSIF Deposit 15,179
 All Other Assets 3,404
  TOTAL ASSETS 1,851,044
LIABILITIES & CAPITAL:  
 Dividends Payable 607
 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 1,574,599
 All Other Shares & Deposits 9,751
  TOTAL SHARES & DEPOSITS 1,584,350
  TOTAL LIABILITIES 1,584,957
 Regular Reserve 70,672
 Other Reserves 0
 Undivided Earnings 195,415
  TOTAL EQUITY 266,087
  TOTAL LIABILITIES, SHARES, & EQUITY 1,851,044
INCOME & EXPENSE  
 Loan Income 59,033
 Investment Income 10,068
 Other Income 51
 Total Employee Compensation & Benefits 42,845
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 22,534
 Non-operating Income & (Expense) 700
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,896
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 577
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