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PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2021 — PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SAYREVILLE, NJ with 1 branch location and about $6.55 million in total assets. Opened 85 years ago in 1937, PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION has about 735 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:PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
389 Washington Rd
SAYREVILLE, NJ 08872-1990
Phone:(732) 254-7573
Fax:(732) 254-0860
Website:http://www.parlindupontefcu.com
Branches:1 branch locations
Members:735
Credit Union Type:Federal Credit Union
Charter Number:2246
Membership Type:Multiple common bond - Primarily primary and fabricated metals
Corporate Credit Union:No
Year Opened:1937
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$6,553,549
CEO/Manager:Christina Olender
Chairperson:Albert Check

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,313,697
TOTAL INVESTMENTS 2,813,008
Loans Held for Sale 0
 
 Real Estate Loans 64,091
 Unsecured Loans 725,337
 Other Loans 1,538,170
 TOTAL LOANS 2,327,598
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -18,013
 Land And Building 0
 Other Fixed Assets 1,497
 NCUSIF Deposit 51,688
 All Other Assets 64,074
  TOTAL ASSETS 6,553,549
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,315
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,302,104
 Regular shares 4,454,277
 All Other Shares & Deposits 304,034
  TOTAL SHARES & DEPOSITS 6,060,415
  TOTAL LIABILITIES 6,064,730
 Regular Reserve 266,650
 Other Reserves -747
 Undivided Earnings 222,916
  TOTAL EQUITY 488,819
  TOTAL LIABILITIES, SHARES, & EQUITY 6,553,549
INCOME & EXPENSE  
 Loan Income 163,973
 Investment Income 26,646
 Other Income 20,297
 Total Employee Compensation & Benefits 134,276
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 74,474
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,725
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 38,979
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