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PLAINFIELD POLICE & FIREMEN'S FEDERAL CREDIT UNION

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

Call Report

Financial Summary

» See also Statement of Financial Condition
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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