Mar, 31, 2022 — MANVILLE AREA FEDERAL CREDIT UNION is a federal credit union headquartered in MANVILLE, NJ with 1 branch location and about $33.04 million in total assets. Opened 85 years ago in 1937, MANVILLE AREA FEDERAL CREDIT UNION has about 2,003 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: | MANVILLE AREA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 43 S Main St MANVILLE, NJ 08835-1801 |
| Phone: | (908) 526-8844 |
| Fax: | (908) 526-3355 |
| Website: | http://www.manville.org |
| Branches: | 1 branch locations |
| Members: | 2,003 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2168 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,044,362 |
| CEO/Manager: | Marc Vogel |
| Chairperson: | walter tanalski jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,965,805 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,574,154 |
| Unsecured Loans | 672,866 |
| Other Loans | 1,710,154 |
| TOTAL LOANS | 18,957,174 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -59,605 |
| Land And Building | 0 |
| Other Fixed Assets | 17,006 |
| NCUSIF Deposit | 259,168 |
| All Other Assets | 0 |
| TOTAL ASSETS | 33,044,362 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 344,765 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,586,761 |
| Regular shares | 17,079,474 |
| All Other Shares & Deposits | 9,614,033 |
| TOTAL SHARES & DEPOSITS | 29,280,268 |
| TOTAL LIABILITIES | 29,625,033 |
| Regular Reserve | 0 |
| Other Reserves | 481,441 |
| Undivided Earnings | 2,937,888 |
| TOTAL EQUITY | 3,419,329 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,044,362 |
| INCOME & EXPENSE | |
| Loan Income | 155,913 |
| Investment Income | 8,828 |
| Other Income | 22,288 |
| Total Employee Compensation & Benefits | 100,685 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 105,540 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 7,431 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 38,812 |
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