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PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Sayreville, NJ with 1 branch location and about $6.44 million in total assets. Opened 84 years ago in 1937, PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION has about 720 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, Office 2
Sayreville, NJ 08872-1990
Phone:(732) 254-7573
Fax:(732) 254-0860
Website:http://www.parlindupontefcu.com
Branches:1 branch locations
Members:720
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$6,440,463
CEO/Manager:Christina Olender
Chairperson:Albert Check

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,427,795
TOTAL INVESTMENTS 2,633,121
Loans Held for Sale 0
 
 Real Estate Loans 65,597
 Unsecured Loans 749,291
 Other Loans 1,473,043
 TOTAL LOANS 2,287,931
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,887
 Land And Building 0
 Other Fixed Assets 294
 NCUSIF Deposit 51,688
 All Other Assets 56,521
  TOTAL ASSETS 6,440,463
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,152
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,306,188
 Regular shares 4,397,428
 All Other Shares & Deposits 268,780
  TOTAL SHARES & DEPOSITS 5,972,396
  TOTAL LIABILITIES 5,977,548
 Regular Reserve 266,650
 Other Reserves -757
 Undivided Earnings 197,022
  TOTAL EQUITY 462,915
  TOTAL LIABILITIES, SHARES, & EQUITY 6,440,463
INCOME & EXPENSE  
 Loan Income 83,010
 Investment Income 13,972
 Other Income 8,968
 Total Employee Compensation & Benefits 67,721
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 36,709
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 869
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 13,086
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