Dec, 31, 2021 — CENTRAL JERSEY POLICE & FIRE FEDERAL CREDIT UNION is a federal credit union headquartered in HAMILTON, NJ with 1 branch location and about $42.53 million in total assets. Opened 83 years ago in 1939, CENTRAL JERSEY POLICE & FIRE FEDERAL CREDIT UNION has about 2,390 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CENTRAL JERSEY POLICE & FIRE FEDERAL CREDIT UNION |
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Address: (Main Office) | 2430 Hamilton Ave HAMILTON, NJ 08619 |
Phone: | (609) 570-8155 |
Fax: | (609) 228-7410 |
Website: | http://cjpolicefirefcu.org |
Branches: | 1 branch locations |
Members: | 2,390 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3202 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $42,529,487 |
CEO/Manager: | Barbara Rios |
Chairperson: | Paul Meyer |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,206,972 |
TOTAL INVESTMENTS | 22,089,631 |
Loans Held for Sale | 0 |
Real Estate Loans | 6,076,691 |
Unsecured Loans | 2,901,551 |
Other Loans | 8,305,163 |
TOTAL LOANS | 17,283,405 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -223,897 |
Land And Building | 673,917 |
Other Fixed Assets | 94,116 |
NCUSIF Deposit | 296,513 |
All Other Assets | 108,830 |
TOTAL ASSETS | 42,529,487 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 58,969 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 183,410 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,916,268 |
Regular shares | 35,207,419 |
All Other Shares & Deposits | 58,543 |
TOTAL SHARES & DEPOSITS | 37,182,230 |
TOTAL LIABILITIES | 37,424,609 |
Regular Reserve | 250,000 |
Other Reserves | -119,184 |
Undivided Earnings | 4,974,062 |
TOTAL EQUITY | 5,104,878 |
TOTAL LIABILITIES, SHARES, & EQUITY | 42,529,487 |
INCOME & EXPENSE | |
Loan Income | 790,333 |
Investment Income | 240,461 |
Other Income | 26,474 |
Total Employee Compensation & Benefits | 423,248 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 280,351 |
Non-operating Income & (Expense) | 27,000 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 160,739 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 367,508 |
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