Sep, 30, 2025 — TERMINALS FEDERAL CREDIT UNION is a federal credit union headquartered in CARTERET, NJ with 1 branch location and about $921,146 in total assets. Opened 59 years ago in 1967, TERMINALS FEDERAL CREDIT UNION has about 75 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TERMINALS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 90 TENNYSON ST CARTERET, NJ 07008 |
| Phone: | (732) 541-1373 |
| Fax: | (732) 541-0829 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 75 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17969 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $921,146 |
| CEO/Manager: | DONALD SKROCKI |
| Chairperson: | AUDREY SKROCKI |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 202,997 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 300,957 |
| Other Loans | 463,333 |
| TOTAL LOANS | 764,291 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -54,227 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,400 |
| All Other Assets | 0 |
| TOTAL ASSETS | 921,146 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,616 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 568,950 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 568,950 |
| TOTAL LIABILITIES | 570,566 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 350,580 |
| TOTAL EQUITY | 350,580 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 921,146 |
| INCOME & EXPENSE | |
| Loan Income | 43,366 |
| Investment Income | 4,671 |
| Other Income | 1,003 |
| Total Employee Compensation & Benefits | 6,745 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 17,336 |
| 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 | 3,872 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 16,687 |
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