Jun, 30, 2024 — HEARD A.M.E. FEDERAL CREDIT UNION is a federal credit union headquartered in ROSELLE, NJ with 1 branch location and about $188,844 in total assets. Opened 44 years ago in 1980, HEARD A.M.E. FEDERAL CREDIT UNION has about 220 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HEARD A.M.E. FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 310 E 8th Ave ROSELLE, NJ 07203 |
Phone: | (908) 241-5588 |
Fax: | (908) 241-8868 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 220 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 23615 |
---|---|
Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1980 |
Last Audited: | Jun 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $188,844 |
CEO/Manager: | Evelyn Maynor |
Chairperson: | BRIDGITTE HOPSON |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 114,066 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 42,075 |
Other Loans | 0 |
TOTAL LOANS | 42,075 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,018 |
Land And Building | 0 |
Other Fixed Assets | 442 |
NCUSIF Deposit | 2,639 |
All Other Assets | 0 |
TOTAL ASSETS | 188,844 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 145 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,250 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 165,699 |
All Other Shares & Deposits | 6,729 |
TOTAL SHARES & DEPOSITS | 172,428 |
TOTAL LIABILITIES | 173,823 |
Regular Reserve | 0 |
Other Reserves | 9,225 |
Undivided Earnings | 5,796 |
TOTAL EQUITY | 15,021 |
TOTAL LIABILITIES, SHARES, & EQUITY | 188,844 |
INCOME & EXPENSE | |
Loan Income | 2,764 |
Investment Income | 113 |
Other Income | 680 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 8,613 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 90 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -3,928 |
↑ Back to Top |