Dec, 31, 2021 — TRENTON TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in TRENTON, NJ with 0 branch location and about $2.22 million in total assets. Opened 84 years ago in 1938, TRENTON TEACHERS FEDERAL CREDIT UNION has about 448 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: | 448 |
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, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,221,291 |
CEO/Manager: | John J Mero |
Chairperson: | William Hartig |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,934,435 |
TOTAL INVESTMENTS | 100 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 283,063 |
Other Loans | 0 |
TOTAL LOANS | 283,063 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,395 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 22,652 |
All Other Assets | 5,436 |
TOTAL ASSETS | 2,221,291 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,280 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,939,621 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,939,621 |
TOTAL LIABILITIES | 1,946,901 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 274,390 |
TOTAL EQUITY | 274,390 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,221,291 |
INCOME & EXPENSE | |
Loan Income | 39,319 |
Investment Income | 10,978 |
Other Income | 2,688 |
Total Employee Compensation & Benefits | 38,301 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 23,304 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,909 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 10,401 |
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