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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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