Jun, 30, 2021 — NESTLE (FREEHOLD) EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Freehold, NJ with 1 branch location and about $2.86 million in total assets. Opened 45 years ago in 1976, NESTLE (FREEHOLD) EMPLOYEES FEDERAL CREDIT UNION has about 215 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NESTLE (FREEHOLD) EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 61 Jerseyville Ave Freehold, NJ 07728 |
| Phone: | (732) 577-7206 |
| Fax: | (732) 577-7209 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 215 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22449 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1976 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,861,512 |
| CEO/Manager: | LUANN AGLIETTI |
| Chairperson: | PETER AGLIETTI |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 124,086 |
| TOTAL INVESTMENTS | 1,492,818 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 177,983 |
| Other Loans | 1,101,008 |
| TOTAL LOANS | 1,278,991 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -60,000 |
| Land And Building | 0 |
| Other Fixed Assets | 20 |
| NCUSIF Deposit | 21,204 |
| All Other Assets | 4,393 |
| TOTAL ASSETS | 2,861,512 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,558 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,113 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,245,659 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,245,659 |
| TOTAL LIABILITIES | 2,260,330 |
| Regular Reserve | 46,757 |
| Other Reserves | 0 |
| Undivided Earnings | 554,425 |
| TOTAL EQUITY | 601,182 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,861,512 |
| INCOME & EXPENSE | |
| Loan Income | 40,856 |
| Investment Income | 2,056 |
| Other Income | 294 |
| Total Employee Compensation & Benefits | 22,348 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 13,871 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 500 |
| Cost of Funds | 5,200 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,077 |
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