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VAH LYONS EMPLOYEES FEDERAL CREDIT UNION

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
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
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:

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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