Jun, 30, 2024 — SAKER SHOP RITE FEDERAL CREDIT UNION is a federal credit union headquartered in NEPTUNE, NJ with 1 branch location and about $9.21 million in total assets. Opened 62 years ago in 1962, SAKER SHOP RITE FEDERAL CREDIT UNION has about 1,634 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SAKER SHOP RITE FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 2200 STATE ROUTE 66 NEPTUNE, NJ 07753-4062 |
Phone: | (732) 431-4105 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,634 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15370 |
---|---|
Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
Corporate Credit Union: | No |
Year Opened: | 1962 |
Last Audited: | Sep 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $9,212,179 |
CEO/Manager: | Tammy Centimole |
Chairperson: | Tracy Troisi |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,016,694 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 855,622 |
Other Loans | 0 |
TOTAL LOANS | 855,622 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,321 |
Land And Building | 0 |
Other Fixed Assets | 1,285 |
NCUSIF Deposit | 68,882 |
All Other Assets | 0 |
TOTAL ASSETS | 9,212,179 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,158 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 38,862 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 6,457,835 |
All Other Shares & Deposits | 863,162 |
TOTAL SHARES & DEPOSITS | 7,320,997 |
TOTAL LIABILITIES | 7,363,017 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,849,162 |
TOTAL EQUITY | 1,849,162 |
TOTAL LIABILITIES, SHARES, & EQUITY | 9,212,179 |
INCOME & EXPENSE | |
Loan Income | 102,359 |
Investment Income | 77,301 |
Other Income | 1,909 |
Total Employee Compensation & Benefits | 174,546 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 38,703 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,781 |
Cost of Funds | 8,118 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -9,154 |
↑ Back to Top |