GLOBAL 1 FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.global1fcu.com for more information.
Dec, 31, 2023 — GLOBAL 1 FEDERAL CREDIT UNION is a federal credit union headquartered in PENNSAUKEN, NJ with 1 branch location and about $8.26 million in total assets. Opened 49 years ago in 1975, GLOBAL 1 FEDERAL CREDIT UNION has about 1,035 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: | GLOBAL 1 FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 7512 MAPLE AVE PENNSAUKEN, NJ 08109-3327 |
Phone: | (856) 320-4706 |
Fax: | (856) 320-4709 |
Website: | https://www.global1fcu.com |
Branches: | 1 branch locations |
Members: | 1,035 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22178 |
---|---|
Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1975 |
Last Audited: | Jun 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,261,410 |
CEO/Manager: | Arlie Littleton |
Chairperson: | Kerrianne Lauro |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,633,248 |
TOTAL INVESTMENTS | 1,646,131 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,490,215 |
Unsecured Loans | 1,385,973 |
Other Loans | 780,409 |
TOTAL LOANS | 3,656,597 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -108,844 |
Land And Building | 265,330 |
Other Fixed Assets | 4,730 |
NCUSIF Deposit | 62,079 |
All Other Assets | 102,139 |
TOTAL ASSETS | 8,261,410 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 15 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,343 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,584,005 |
Regular shares | 4,251,992 |
All Other Shares & Deposits | 1,202,178 |
TOTAL SHARES & DEPOSITS | 8,038,175 |
TOTAL LIABILITIES | 8,039,533 |
Regular Reserve | 235,170 |
Other Reserves | 0 |
Undivided Earnings | -13,293 |
TOTAL EQUITY | 221,877 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,261,410 |
INCOME & EXPENSE | |
Loan Income | 60,259 |
Investment Income | 12,305 |
Other Income | 12,766 |
Total Employee Compensation & Benefits | 51,260 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 46,147 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 5,025 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -13,292 |
↑ Back to Top |
» See also Statement of Financial Condition