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PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION

Jun, 30, 2021 — PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION is a federal credit union headquartered in Plainfield, NJ with 0 branch location and about $2.37 million in total assets. Opened 83 years ago in 1938, PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION has about 520 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION
Address:
(Main Office)
315 Cental Ave
Plainfield, NJ 07060-4206
Phone:(908) 753-3089
Fax:(908) 822-7193
Website:n/a
Branches:0 branch locations
Members:520
Credit Union Type:Federal Credit Union
Charter Number:2892
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1938
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,373,286
CEO/Manager:J Joseph Woodring
Chairperson:Carlton L Owens

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 505,086
TOTAL INVESTMENTS 1,251,000
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 523,868
 Other Loans 111,950
 TOTAL LOANS 635,818
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -71,046
 Land And Building 0
 Other Fixed Assets 91
 NCUSIF Deposit 21,033
 All Other Assets 31,304
  TOTAL ASSETS 2,373,286
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,946
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,053,656
 All Other Shares & Deposits 7,565
  TOTAL SHARES & DEPOSITS 2,061,221
  TOTAL LIABILITIES 2,071,167
 Regular Reserve 45,214
 Other Reserves 0
 Undivided Earnings 256,905
  TOTAL EQUITY 302,119
  TOTAL LIABILITIES, SHARES, & EQUITY 2,373,286
INCOME & EXPENSE  
 Loan Income 37,525
 Investment Income 9,660
 Other Income 1,984
 Total Employee Compensation & Benefits 26,676
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 14,101
 Non-operating Income & (Expense) 22,263
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,570
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 26,085
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