Dec, 31, 2023 — N G M EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in KEENE, NH with 1 branch location and about $5.78 million in total assets. Opened 58 years ago in 1966, N G M EMPLOYEES FEDERAL CREDIT UNION has about 1,313 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | N G M EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 55 WEST St KEENE, NH 03431-3374 |
Phone: | (603) 358-1302 |
Fax: | (603) 358-1320 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,313 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17793 |
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Membership Type: | Multiple common bond - Primarily finance, insurance, real estate, trade |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,779,464 |
CEO/Manager: | Kim M Munoz |
Chairperson: | William Lord, Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 294,692 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 441,501 |
Other Loans | 3,536,842 |
TOTAL LOANS | 3,978,343 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -68,480 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 44,694 |
All Other Assets | 0 |
TOTAL ASSETS | 5,779,464 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 551 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,882,966 |
All Other Shares & Deposits | 2,283,294 |
TOTAL SHARES & DEPOSITS | 5,166,260 |
TOTAL LIABILITIES | 5,166,811 |
Regular Reserve | 0 |
Other Reserves | 86,838 |
Undivided Earnings | 525,815 |
TOTAL EQUITY | 612,653 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,779,464 |
INCOME & EXPENSE | |
Loan Income | 187,831 |
Investment Income | 83,523 |
Other Income | 0 |
Total Employee Compensation & Benefits | 151,153 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 57,197 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,000 |
Cost of Funds | 52,425 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -10,954 |
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