Mar, 31, 2021 — MANVILLE AREA FEDERAL CREDIT UNION is a federal credit union headquartered in MANVILLE, NJ with 1 branch location and about $31.17 million in total assets. Opened 84 years ago in 1937, MANVILLE AREA FEDERAL CREDIT UNION has about 2,023 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: | 2,023 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $31,166,994 |
| CEO/Manager: | Marc Vogel |
| Chairperson: | walter tanalski jr |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,180,915 |
| TOTAL INVESTMENTS | 10,476,334 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,355,717 |
| Unsecured Loans | 295,342 |
| Other Loans | 1,609,643 |
| TOTAL LOANS | 18,260,702 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -63,986 |
| Land And Building | 0 |
| Other Fixed Assets | 30,016 |
| NCUSIF Deposit | 234,020 |
| All Other Assets | 48,993 |
| TOTAL ASSETS | 31,166,994 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 300,653 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,559,242 |
| Regular shares | 15,327,881 |
| All Other Shares & Deposits | 9,819,363 |
| TOTAL SHARES & DEPOSITS | 27,706,486 |
| TOTAL LIABILITIES | 28,007,139 |
| Regular Reserve | 481,441 |
| Other Reserves | 0 |
| Undivided Earnings | 2,678,414 |
| TOTAL EQUITY | 3,159,855 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 31,166,994 |
| INCOME & EXPENSE | |
| Loan Income | 167,687 |
| Investment Income | 14,286 |
| Other Income | 20,666 |
| Total Employee Compensation & Benefits | 103,886 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 86,048 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 12,642 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 63 |
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