Sep, 30, 2025 — MIDDLESEX COUNTY N J EMP FEDERAL CREDIT UNION is a federal credit union headquartered in EDISON, NJ with 1 branch location and about $7.64 million in total assets. Opened 58 years ago in 1968, MIDDLESEX COUNTY N J EMP FEDERAL CREDIT UNION has about 1,243 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MIDDLESEX COUNTY N J EMP FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | Middlesex County EFCU EDISON, NJ 08817 |
| Phone: | (732) 227-0270 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,243 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18628 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,638,513 |
| CEO/Manager: | Sandra R Schwalb |
| Chairperson: | Mark Brennan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 463,458 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 513,605 |
| Unsecured Loans | 626,758 |
| Other Loans | 728,785 |
| TOTAL LOANS | 1,869,148 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 8,110 |
| Land And Building | 0 |
| Other Fixed Assets | 12,977 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 65,994 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,638,513 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 653,927 |
| Regular shares | 5,408,828 |
| All Other Shares & Deposits | 806,649 |
| TOTAL SHARES & DEPOSITS | 6,869,405 |
| TOTAL LIABILITIES | 6,869,405 |
| Regular Reserve | 0 |
| Other Reserves | 141,787 |
| Undivided Earnings | 627,321 |
| TOTAL EQUITY | 769,108 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,638,513 |
| INCOME & EXPENSE | |
| Loan Income | 135,081 |
| Investment Income | 180,979 |
| Other Income | 18,270 |
| Total Employee Compensation & Benefits | 195,611 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 189,175 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 36,438 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -71,783 |
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