Dec, 31, 2021 — PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION is a federal credit union headquartered in PLAINFIELD, NJ with 0 branch location and about $2.52 million in total assets. Opened 84 years ago in 1938, PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION has about 502 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 Central Ave PLAINFIELD, NJ 07060-4206 |
| Phone: | (908) 753-3089 |
| Fax: | (908) 822-7193 |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 502 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,518,831 |
| CEO/Manager: | J Joseph Woodring |
| Chairperson: | Carlton L Owens |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 595,333 |
| TOTAL INVESTMENTS | 1,326,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 526,372 |
| Other Loans | 90,076 |
| TOTAL LOANS | 616,448 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -72,475 |
| Land And Building | 0 |
| Other Fixed Assets | 91 |
| NCUSIF Deposit | 21,033 |
| All Other Assets | 32,401 |
| TOTAL ASSETS | 2,518,831 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 12,546 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,145,856 |
| All Other Shares & Deposits | 7,860 |
| TOTAL SHARES & DEPOSITS | 2,153,716 |
| TOTAL LIABILITIES | 2,166,262 |
| Regular Reserve | 45,214 |
| Other Reserves | 0 |
| Undivided Earnings | 307,355 |
| TOTAL EQUITY | 352,569 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,518,831 |
| INCOME & EXPENSE | |
| Loan Income | 74,672 |
| Investment Income | 17,626 |
| Other Income | 3,916 |
| Total Employee Compensation & Benefits | 54,785 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 24,996 |
| Non-operating Income & (Expense) | 69,151 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 9,050 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 76,534 |
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