Dec, 31, 2023 — TRENTON TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in TRENTON, NJ with 0 branch location and about $2.10 million in total assets. Opened 86 years ago in 1938, TRENTON TEACHERS FEDERAL CREDIT UNION has about 437 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TRENTON TEACHERS FEDERAL CREDIT UNION |
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Address: (Main Office) | PO Box 9335 TRENTON, NJ 08650 |
Phone: | (609) 890-1630 |
Fax: | (609) 890-1535 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 437 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2932 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,100,208 |
CEO/Manager: | John J Mero |
Chairperson: | William Hartig |
ASSETS: | $ Amount |
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Cash & Equivalents | 409,234 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 283,839 |
Other Loans | 0 |
TOTAL LOANS | 283,839 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,361 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 19,155 |
All Other Assets | 0 |
TOTAL ASSETS | 2,100,208 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,003 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,762,060 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,762,060 |
TOTAL LIABILITIES | 1,769,063 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 331,145 |
TOTAL EQUITY | 331,145 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,100,208 |
INCOME & EXPENSE | |
Loan Income | 39,214 |
Investment Income | 67,775 |
Other Income | 2,270 |
Total Employee Compensation & Benefits | 38,298 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 24,136 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,440 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 53,938 |
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» See also Statement of Financial Condition