Sep, 30, 2022 — NJ GATEWAY FEDERAL CREDIT UNION is a federal credit union headquartered in MONMOUTH JUNCTION, NJ with 1 branch location and about $31.66 million in total assets. Opened 54 years ago in 1969, NJ GATEWAY FEDERAL CREDIT UNION has about 2,541 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NJ GATEWAY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 100 Culver Rd MONMOUTH JUNCTION, NJ 08852 |
Phone: | (732) 329-3838 |
Fax: | (732) 329-8624 |
Website: | www.njgateway.org |
Branches: | 1 branch locations |
Members: | 2,541 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19454 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $31,657,085 |
CEO/Manager: | Pierina Pantano |
Chairperson: | Peter Manfredo |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 445,812 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,686,066 |
Unsecured Loans | 845,361 |
Other Loans | 1,219,708 |
TOTAL LOANS | 4,751,135 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,535 |
Land And Building | 228,299 |
Other Fixed Assets | 27,939 |
NCUSIF Deposit | 262,678 |
All Other Assets | 0 |
TOTAL ASSETS | 31,657,085 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,411 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 67,974 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,908,969 |
Regular shares | 12,684,395 |
All Other Shares & Deposits | 9,143,233 |
TOTAL SHARES & DEPOSITS | 28,736,597 |
TOTAL LIABILITIES | 28,805,982 |
Regular Reserve | 0 |
Other Reserves | 701,081 |
Undivided Earnings | 2,150,022 |
TOTAL EQUITY | 2,851,103 |
TOTAL LIABILITIES, SHARES, & EQUITY | 31,657,085 |
INCOME & EXPENSE | |
Loan Income | 139,535 |
Investment Income | 147,079 |
Other Income | 24,508 |
Total Employee Compensation & Benefits | 254,280 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 279,422 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 7,826 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -127,908 |
↑ Back to Top |