Dec, 31, 2021 — FAIRLEIGH DICKINSON UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in MADISON, NJ with 1 branch location and about $13.23 million in total assets. Opened 57 years ago in 1965, FAIRLEIGH DICKINSON UNIVERSITY FEDERAL CREDIT UNION has about 1,718 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: | FAIRLEIGH DICKINSON UNIVERSITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 12 Main St Ste 4 MADISON, NJ 07940 |
Phone: | (973) 301-0931 |
Fax: | (973) 957-2445 |
Website: | http://www.fdufcu.org |
Branches: | 1 branch locations |
Members: | 1,718 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16584 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1965 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $13,234,677 |
CEO/Manager: | Judith Kehres |
Chairperson: | Leon Kurland |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,403,070 |
TOTAL INVESTMENTS | 3,827,334 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,502,564 |
Unsecured Loans | 885,180 |
Other Loans | 2,481,498 |
TOTAL LOANS | 6,869,242 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -59,060 |
Land And Building | 0 |
Other Fixed Assets | 26,259 |
NCUSIF Deposit | 111,302 |
All Other Assets | 56,530 |
TOTAL ASSETS | 13,234,677 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 50,844 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,981,257 |
Regular shares | 7,255,378 |
All Other Shares & Deposits | 2,523,465 |
TOTAL SHARES & DEPOSITS | 11,760,100 |
TOTAL LIABILITIES | 11,810,944 |
Regular Reserve | 375,302 |
Other Reserves | 0 |
Undivided Earnings | 1,048,431 |
TOTAL EQUITY | 1,423,733 |
TOTAL LIABILITIES, SHARES, & EQUITY | 13,234,677 |
INCOME & EXPENSE | |
Loan Income | 333,724 |
Investment Income | 46,316 |
Other Income | 67,214 |
Total Employee Compensation & Benefits | 234,982 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 245,216 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,000 |
Cost of Funds | 3,875 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 76,081 |
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