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 |
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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 |
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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 |
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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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