Dec, 31, 2021 — ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SUMMIT, NJ with 2 branch locations and about $28.50 million in total assets. Opened 48 years ago in 1974, ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION has about 4,738 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: | http://www.ahefcu.org |
Branches: | 2 branch locations |
Members: | 4,738 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 21737 |
---|---|
Membership Type: | Service - Health Care |
Corporate Credit Union: | No |
Year Opened: | 1974 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $28,502,789 |
CEO/Manager: | Susan B McNulty |
Chairperson: | Anita Whalen |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 348,940 |
TOTAL INVESTMENTS | 19,623,748 |
Loans Held for Sale | 0 |
Real Estate Loans | 111,421 |
Unsecured Loans | 3,295,398 |
Other Loans | 4,933,329 |
TOTAL LOANS | 8,340,148 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -162,879 |
Land And Building | 0 |
Other Fixed Assets | 16,560 |
NCUSIF Deposit | 234,882 |
All Other Assets | 101,390 |
TOTAL ASSETS | 28,502,789 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 185,860 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,225,032 |
Regular shares | 20,670,643 |
All Other Shares & Deposits | 2,583,973 |
TOTAL SHARES & DEPOSITS | 25,479,648 |
TOTAL LIABILITIES | 25,665,508 |
Regular Reserve | 219,340 |
Other Reserves | 0 |
Undivided Earnings | 2,617,941 |
TOTAL EQUITY | 2,837,281 |
TOTAL LIABILITIES, SHARES, & EQUITY | 28,502,789 |
INCOME & EXPENSE | |
Loan Income | 584,159 |
Investment Income | 230,521 |
Other Income | 68,266 |
Total Employee Compensation & Benefits | 514,376 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 527,821 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 39,843 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -1,109 |
↑ Back to Top |