Credit Unions Near Me
National Credit Union Service Organization

N. J. LATVIAN FEDERAL CREDIT UNION

Mar, 31, 2021 — N. J. LATVIAN FEDERAL CREDIT UNION is a federal credit union headquartered in Freehold, NJ with 1 branch location and about $8.98 million in total assets. Opened 50 years ago in 1971, N. J. LATVIAN FEDERAL CREDIT UNION has about 180 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:N. J. LATVIAN FEDERAL CREDIT UNION
Address:
(Main Office)
1017 State Route 33
Freehold, NJ 07728-8440
Phone:(732) 336-0033
Fax:
Website:http://njlatviancreditunion.com
Branches:1 branch locations
Members:180
Credit Union Type:Federal Credit Union
Charter Number:20463
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1971
Last Audited:Jan 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$8,981,852
CEO/Manager:Daiga Bruveris
Chairperson:Maris Sermolins

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,193,665
TOTAL INVESTMENTS 7,335,472
Loans Held for Sale 0
 
 Real Estate Loans 249,358
 Unsecured Loans 63,722
 Other Loans 57,198
 TOTAL LOANS 370,278
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,062
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 73,090
 All Other Assets 25,409
  TOTAL ASSETS 8,981,852
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 0
 Regular shares 1,182,134
 All Other Shares & Deposits 6,823,886
  TOTAL SHARES & DEPOSITS 8,006,020
  TOTAL LIABILITIES 8,006,020
 Regular Reserve 210,000
 Other Reserves 0
 Undivided Earnings 765,832
  TOTAL EQUITY 975,832
  TOTAL LIABILITIES, SHARES, & EQUITY 8,981,852
INCOME & EXPENSE  
 Loan Income 3,641
 Investment Income 46,695
 Other Income 0
 Total Employee Compensation & Benefits 7,556
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 12,670
 Non-operating Income & (Expense) 200
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,216
 Cost of Funds 23,577
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,517
↑ Back to Top

Other Credit Unions

BAY RIDGE LODGE NO 632 FEDERAL CREDIT UNION
66 Caldwell Ter
MARLBORO, NJ 07746-1779
NESTLE (FREEHOLD) EMPLOYEES FEDERAL CREDIT UNION
61 Jerseyville Ave
FREEHOLD, NJ 07728
EMPIRE FINANCIAL FEDERAL CREDIT UNION
36 CHRISTOPHER COLUMBUS BLVD.
JACKSON, NJ 08527-2215
CRIERS FEDERAL CREDIT UNION
665-C Azalea Plaza
MONROE TOWNSHIP, NJ 08831
SAKER SHOP RITE FEDERAL CREDIT UNION
10 CENTERVILLE RD
HOLMDEL, NJ 07733
MONMOUTH COUNTY POSTAL EMPLOYEES CREDIT UNION
PO Box 518
RED BANK, NJ 07701
LAKEHURST NAVAL FEDERAL CREDIT UNION
60 LANSDOWNE RD
LAKEHURST NAEC, NJ 08733-5021
NJ GATEWAY FEDERAL CREDIT UNION
P. O. Box 420
DAYTON, NJ 08810