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ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SUMMIT, NJ with 2 branch locations and about $29.40 million in total assets. Opened 52 years ago in 1974, ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION has about 5,498 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:ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
99 Beauvoir Ave Fl 2
SUMMIT, NJ 07901
Phone:(908) 522-3530
Fax:(908) 277-3530
Website:https://www.ahefcu.org
Branches:2 branch locations
Members:5,498
Credit Union Type:Federal Credit Union
Charter Number:21737
Membership Type:Service - Health Care
Corporate Credit Union:No
Year Opened:1974
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$29,401,246
CEO/Manager:Susan B McNulty
Chairperson:Anita Whalen

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,840,569
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,646
 Unsecured Loans 4,340,493
 Other Loans 6,816,197
 TOTAL LOANS 11,168,336
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -146,494
 Land And Building 0
 Other Fixed Assets 48,713
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 268,226
 All Other Assets 0
  TOTAL ASSETS 29,401,246
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 135,787
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,711,222
 Regular shares 19,705,294
 All Other Shares & Deposits 3,825,843
  TOTAL SHARES & DEPOSITS 26,242,357
  TOTAL LIABILITIES 26,378,144
 Regular Reserve 0
 Other Reserves 219,340
 Undivided Earnings 2,803,762
  TOTAL EQUITY 3,023,102
  TOTAL LIABILITIES, SHARES, & EQUITY 29,401,246
INCOME & EXPENSE  
 Loan Income 780,311
 Investment Income 372,323
 Other Income 109,332
 Total Employee Compensation & Benefits 444,149
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 541,596
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 69,868
 Cost of Funds 189,592
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 66,390
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