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 |
| 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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