Sep, 30, 2025 — TEANECK FEDERAL CREDIT UNION is a federal credit union headquartered in TEANECK, NJ with 1 branch location and about $17.18 million in total assets. Opened 89 years ago in 1937, TEANECK FEDERAL CREDIT UNION has about 993 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEANECK FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 100 ELIZABETH AVE TEANECK, NJ 07666 |
| Phone: | (201) 837-1316 |
| Fax: | (201) 837-9522 |
| Website: | https://www.teaneckfcu.com/ |
| Branches: | 1 branch locations |
| Members: | 993 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2021 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $17,175,705 |
| CEO/Manager: | MARLA COMPA |
| Chairperson: | JOHN DEAN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,601,088 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,311,239 |
| Unsecured Loans | 2,462,214 |
| Other Loans | 1,047,131 |
| TOTAL LOANS | 6,820,584 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -62,180 |
| Land And Building | 0 |
| Other Fixed Assets | 9,440 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 131,347 |
| All Other Assets | 0 |
| TOTAL ASSETS | 17,175,705 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 43,262 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,065 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,717,240 |
| Regular shares | 7,867,465 |
| All Other Shares & Deposits | 4,382,788 |
| TOTAL SHARES & DEPOSITS | 14,967,493 |
| TOTAL LIABILITIES | 15,015,820 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,159,885 |
| TOTAL EQUITY | 2,159,885 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 17,175,705 |
| INCOME & EXPENSE | |
| Loan Income | 291,388 |
| Investment Income | 185,991 |
| Other Income | 23,040 |
| Total Employee Compensation & Benefits | 188,331 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 144,944 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 22,855 |
| Cost of Funds | 115,658 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 32,470 |
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