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PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2020 — PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Sayreville, NJ with 1 branch location and about $5.62 million in total assets. Opened 84 years ago in 1937, PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION has about 710 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:710
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:$5,621,501
CEO/Manager:Christina Olender
Chairperson:Albert Check

Call Report

  • Credit Builder
  • Participation Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,075,043
TOTAL INVESTMENTS 2,124,368
Loans Held for Sale 0
 
 Real Estate Loans 84,237
 Unsecured Loans 798,398
 Other Loans 1,473,375
 TOTAL LOANS 2,356,010
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,470
 Land And Building 0
 Other Fixed Assets 1,604
 NCUSIF Deposit 46,578
 All Other Assets 43,368
  TOTAL ASSETS 5,621,501
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,783
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,248,188
 Regular shares 3,664,520
 All Other Shares & Deposits 256,108
  TOTAL SHARES & DEPOSITS 5,168,816
  TOTAL LIABILITIES 5,171,599
 Regular Reserve 266,650
 Other Reserves -683
 Undivided Earnings 183,935
  TOTAL EQUITY 449,902
  TOTAL LIABILITIES, SHARES, & EQUITY 5,621,501
INCOME & EXPENSE  
 Loan Income 167,928
 Investment Income 38,731
 Other Income 20,384
 Total Employee Compensation & Benefits 132,945
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 84,362
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,339
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,397
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