Sep, 30, 2025 — NEWARK POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in NEWARK, NJ with 1 branch location and about $5.09 million in total assets. Opened 85 years ago in 1941, NEWARK POLICE FEDERAL CREDIT UNION has about 1,198 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEWARK POLICE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 Lincoln AVe NEWARK, NJ 07104 |
| Phone: | (973) 733-6198 |
| Fax: | (973) 483-0060 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,198 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4611 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,085,750 |
| CEO/Manager: | Keith Rubel |
| Chairperson: | John Chrystal |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 567,404 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 2,872,205 |
| Other Loans | 521,011 |
| TOTAL LOANS | 3,393,216 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -252,189 |
| Land And Building | 0 |
| Other Fixed Assets | 4,818 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 35,999 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,085,750 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 42,605 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 30,938 |
| Regular shares | 3,298,988 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,329,926 |
| TOTAL LIABILITIES | 3,372,531 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,713,219 |
| TOTAL EQUITY | 1,713,219 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,085,750 |
| INCOME & EXPENSE | |
| Loan Income | 328,555 |
| Investment Income | 41,003 |
| Other Income | 26,836 |
| Total Employee Compensation & Benefits | 154,357 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 86,135 |
| Non-operating Income & (Expense) | 400 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 58,000 |
| Cost of Funds | 2,520 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 95,782 |
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