Dec, 31, 2023 — ATLANTIC CITY POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in ATLANTIC CITY, NJ with 1 branch location and about $1.88 million in total assets. Opened 85 years ago in 1939, ATLANTIC CITY POLICE FEDERAL CREDIT UNION has about 258 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ATLANTIC CITY POLICE FEDERAL CREDIT UNION |
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Address: (Main Office) | 2715 Atlantic Ave ATLANTIC CITY, NJ 08401 |
Phone: | (609) 348-5905 |
Fax: | (609) 348-5905 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 258 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3420 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,876,836 |
CEO/Manager: | Ronald Krause |
Chairperson: | Joseph Nolan |
ASSETS: | $ Amount |
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Cash & Equivalents | 159,801 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 243,789 |
Other Loans | 50,145 |
TOTAL LOANS | 293,934 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,670 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 19,024 |
All Other Assets | 0 |
TOTAL ASSETS | 1,876,836 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,982 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,031,381 |
All Other Shares & Deposits | 502,245 |
TOTAL SHARES & DEPOSITS | 1,533,626 |
TOTAL LIABILITIES | 1,535,608 |
Regular Reserve | 0 |
Other Reserves | 28,066 |
Undivided Earnings | 313,162 |
TOTAL EQUITY | 341,228 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,876,836 |
INCOME & EXPENSE | |
Loan Income | 40,274 |
Investment Income | 65,637 |
Other Income | 2,703 |
Total Employee Compensation & Benefits | 35,200 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 19,871 |
Non-operating Income & (Expense) | 2,751 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,429 |
Cost of Funds | 9,334 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 43,531 |
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