Jun, 30, 2024 — VAH LYONS EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in LYONS, NJ with 1 branch location and about $41.15 million in total assets. Opened 49 years ago in 1975, VAH LYONS EMPLOYEES FEDERAL CREDIT UNION has about 1,544 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | VAH LYONS EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 151 knollcroft rd LYONS, NJ 07939 |
Phone: | (908) 647-6952 |
Fax: | (908) 647-1480 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,544 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22028 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1975 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $41,148,382 |
CEO/Manager: | Mark Malinowski |
Chairperson: |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,268,834 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 3,368,005 |
Other Loans | 2,811,116 |
TOTAL LOANS | 6,179,121 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -95,102 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 329,543 |
All Other Assets | 0 |
TOTAL ASSETS | 41,148,382 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 14,374 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 35,470,480 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 35,470,480 |
TOTAL LIABILITIES | 35,484,854 |
Regular Reserve | 0 |
Other Reserves | 720,000 |
Undivided Earnings | 4,943,528 |
TOTAL EQUITY | 5,663,528 |
TOTAL LIABILITIES, SHARES, & EQUITY | 41,148,382 |
INCOME & EXPENSE | |
Loan Income | 397,755 |
Investment Income | 393,740 |
Other Income | 0 |
Total Employee Compensation & Benefits | 340,089 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 174,426 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 143,066 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 184,014 |
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