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ERIE LACKAWANNA RAILROAD CO EMP FEDERAL CREDIT UNION

Sep, 30, 2025 — ERIE LACKAWANNA RAILROAD CO EMP FEDERAL CREDIT UNION is a federal credit union headquartered in HOBOKEN, NJ with 1 branch location and about $11.49 million in total assets. Opened 86 years ago in 1940, ERIE LACKAWANNA RAILROAD CO EMP FEDERAL CREDIT UNION has about 1,863 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ERIE LACKAWANNA RAILROAD CO EMP FEDERAL CREDIT UNION
Address:
(Main Office)
89 Washington St
HOBOKEN, NJ 07030
Phone:(201) 222-8325
Fax:(201) 222-8326
Website:n/a
Branches:1 branch locations
Members:1,863
Credit Union Type:Federal Credit Union
Charter Number:4158
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1940
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$11,485,736
CEO/Manager:Henry J Slootmaker
Chairperson:Sidney P Denny, Jr.

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,284,791
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,773,273
 Other Loans 1,183,475
 TOTAL LOANS 2,956,748
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -28,580
 Land And Building 0
 Other Fixed Assets 1,955
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 80,129
 All Other Assets 0
  TOTAL ASSETS 11,485,736
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 16,437
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 5,684,929
 All Other Shares & Deposits 2,805,966
  TOTAL SHARES & DEPOSITS 8,490,894
  TOTAL LIABILITIES 8,507,331
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,978,405
  TOTAL EQUITY 2,978,405
  TOTAL LIABILITIES, SHARES, & EQUITY 11,485,736
INCOME & EXPENSE  
 Loan Income 247,249
 Investment Income 161,054
 Other Income 51
 Total Employee Compensation & Benefits 149,405
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 84,735
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 141,300
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 39,111
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