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M & C MENLO PARK FEDERAL CREDIT UNION

Mar, 31, 2022 — M & C MENLO PARK FEDERAL CREDIT UNION is a federal credit union headquartered in ISELIN, NJ with 1 branch location and about $1.46 million in total assets. Opened 55 years ago in 1967, M & C MENLO PARK FEDERAL CREDIT UNION has about 209 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:M & C MENLO PARK FEDERAL CREDIT UNION
Address:
(Main Office)
c/o BASF Corporation
ISELIN, NJ 08830
Phone:(732) 205-5199
Fax:(732) 205-6857
Website:http://www.mcmenlopark.com
Branches:1 branch locations
Members:209
Credit Union Type:Federal Credit Union
Charter Number:17865
Membership Type:Manufacturing - Chemicals
Corporate Credit Union:No
Year Opened:1967
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,464,399
CEO/Manager:Kimberly S Maycott
Chairperson:Cora D Wright

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 186,387
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 255,043
 Other Loans 369,976
 TOTAL LOANS 625,019
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,363
 Land And Building 0
 Other Fixed Assets 65
 NCUSIF Deposit 16,067
 All Other Assets 0
  TOTAL ASSETS 1,464,399
LIABILITIES & CAPITAL:  
 Dividends Payable 627
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,987
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,214,456
 All Other Shares & Deposits 85,972
  TOTAL SHARES & DEPOSITS 1,300,428
  TOTAL LIABILITIES 1,306,042
 Regular Reserve 0
 Other Reserves 47,703
 Undivided Earnings 110,654
  TOTAL EQUITY 158,357
  TOTAL LIABILITIES, SHARES, & EQUITY 1,464,399
INCOME & EXPENSE  
 Loan Income 9,153
 Investment Income 2,387
 Other Income 656
 Total Employee Compensation & Benefits 8,518
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,409
 Non-operating Income & (Expense) 4,455
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 433
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,691
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