Dec, 31, 2021 — NESTLE (FREEHOLD) EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in FREEHOLD, NJ with 1 branch location and about $2.56 million in total assets. Opened 46 years ago in 1976, NESTLE (FREEHOLD) EMPLOYEES FEDERAL CREDIT UNION has about 210 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 |
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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: | 210 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22449 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1976 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,561,848 |
CEO/Manager: | LUANN AGLIETTI |
Chairperson: | PETER AGLIETTI |
ASSETS: | $ Amount |
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Cash & Equivalents | 165,531 |
TOTAL INVESTMENTS | 1,357,660 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 177,474 |
Other Loans | 898,609 |
TOTAL LOANS | 1,076,083 |
(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 | 1,350 |
TOTAL ASSETS | 2,561,848 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,480 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,326 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,934,794 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,934,794 |
TOTAL LIABILITIES | 1,949,600 |
Regular Reserve | 46,757 |
Other Reserves | 0 |
Undivided Earnings | 565,491 |
TOTAL EQUITY | 612,248 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,561,848 |
INCOME & EXPENSE | |
Loan Income | 77,714 |
Investment Income | 3,381 |
Other Income | 297 |
Total Employee Compensation & Benefits | 44,696 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 24,728 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 500 |
Cost of Funds | 10,850 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 17,143 |
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