Dec, 31, 2023 — TERMINALS FEDERAL CREDIT UNION is a federal credit union headquartered in CARTERET, NJ with 1 branch location and about $921,823 in total assets. Opened 57 years ago in 1967, TERMINALS FEDERAL CREDIT UNION has about 81 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TERMINALS FEDERAL CREDIT UNION |
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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: | 81 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17969 |
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Membership Type: | Multiple common bond - Primarily chemical |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $921,823 |
CEO/Manager: | DONALD SKROCKI |
Chairperson: | AUDREY SKROCKI |
ASSETS: | $ Amount |
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Cash & Equivalents | 326,066 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 300,136 |
Other Loans | 321,211 |
TOTAL LOANS | 621,348 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,377 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 6,562 |
All Other Assets | 0 |
TOTAL ASSETS | 921,823 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 457 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 595,831 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 595,831 |
TOTAL LIABILITIES | 596,288 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 325,535 |
TOTAL EQUITY | 325,535 |
TOTAL LIABILITIES, SHARES, & EQUITY | 921,823 |
INCOME & EXPENSE | |
Loan Income | 46,444 |
Investment Income | 12,073 |
Other Income | 314 |
Total Employee Compensation & Benefits | 8,993 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 20,273 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 5,991 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 24,840 |
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