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National Credit Union Service Organization

ENTERTAINMENT INDUSTRIES FEDERAL CREDIT UNION

Sep, 30, 2025 — ENTERTAINMENT INDUSTRIES FEDERAL CREDIT UNION is a federal credit union headquartered in ELIZABETH, NJ with 1 branch location and about $14.39 million in total assets. Opened 51 years ago in 1975, ENTERTAINMENT INDUSTRIES FEDERAL CREDIT UNION has about 1,602 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:ENTERTAINMENT INDUSTRIES FEDERAL CREDIT UNION
Address:
(Main Office)
16 W Grand St
ELIZABETH, NJ 07201-2312
Phone:(908) 282-9881
Fax:(908) 282-9885
Website:https://www.eicu.org
Branches:1 branch locations
Members:1,602
Credit Union Type:Federal Credit Union
Charter Number:22032
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1975
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$14,390,822
CEO/Manager:John C Gibardi
Chairperson:Richard Heun

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 815,878
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,008,819
 Unsecured Loans 2,575,140
 Other Loans 854,491
 TOTAL LOANS 8,438,450
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -286,196
 Land And Building 769,115
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 110,221
 All Other Assets 0
  TOTAL ASSETS 14,390,822
LIABILITIES & CAPITAL:  
 Dividends Payable 21,890
 Notes & Interest Payable -360,000
 Accounts Payable & Other Liabilities 725,780
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 360,000
 Share Drafts 1,404,951
 Regular shares 6,774,871
 All Other Shares & Deposits 3,520,738
  TOTAL SHARES & DEPOSITS 11,700,560
  TOTAL LIABILITIES 12,448,230
 Regular Reserve 0
 Other Reserves 443,514
 Undivided Earnings 1,499,078
  TOTAL EQUITY 1,942,592
  TOTAL LIABILITIES, SHARES, & EQUITY 14,390,822
INCOME & EXPENSE  
 Loan Income 403,668
 Investment Income 134,314
 Other Income 35,280
 Total Employee Compensation & Benefits 335,093
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 450,376
 Non-operating Income & (Expense) 655,652
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 53,697
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 428,966
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