Sep, 30, 2025 — SOUTHERN MIDDLESEX CO TCHRS FEDERAL CREDIT UNION is a federal credit union headquartered in EAST BRUNSWICK, NJ with 1 branch location and about $43.70 million in total assets. Opened 87 years ago in 1939, SOUTHERN MIDDLESEX CO TCHRS FEDERAL CREDIT UNION has about 2,939 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SOUTHERN MIDDLESEX CO TCHRS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 39 Brunswick Woods Dr EAST BRUNSWICK, NJ 08816-5601 |
| Phone: | (732) 238-8662 |
| Fax: | (732) 238-8628 |
| Website: | https://www.myfavoritecu.com |
| Branches: | 1 branch locations |
| Members: | 2,939 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3126 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,701,319 |
| CEO/Manager: | LYNNE S FRITZ |
| Chairperson: | LINDA FEKETE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,187,154 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,462,623 |
| Unsecured Loans | 1,163,347 |
| Other Loans | 3,536,909 |
| TOTAL LOANS | 13,162,879 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -96,719 |
| Land And Building | 25,494 |
| Other Fixed Assets | 10,327 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 388,301 |
| All Other Assets | 0 |
| TOTAL ASSETS | 43,701,319 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,267 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,381,385 |
| Regular shares | 11,774,799 |
| All Other Shares & Deposits | 22,697,135 |
| TOTAL SHARES & DEPOSITS | 38,853,319 |
| TOTAL LIABILITIES | 38,863,586 |
| Regular Reserve | 0 |
| Other Reserves | 63,184 |
| Undivided Earnings | 4,774,549 |
| TOTAL EQUITY | 4,837,733 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,701,319 |
| INCOME & EXPENSE | |
| Loan Income | 597,608 |
| Investment Income | 743,539 |
| Other Income | 9,503 |
| Total Employee Compensation & Benefits | 279,445 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 230,752 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,627 |
| Cost of Funds | 468,813 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 374,123 |
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