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ATLANTIC COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2022 — ATLANTIC COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in EGG HARBOR TOWNSHIP, NJ with 1 branch location and about $2.25 million in total assets. Opened 81 years ago in 1941, ATLANTIC COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION has about 496 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ATLANTIC COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
1104 Berry Dr
EGG HARBOR TOWNSHIP, NJ 08234
Phone:(609) 927-4688
Fax:
Website:n/a
Branches:1 branch locations
Members:496
Credit Union Type:Federal Credit Union
Charter Number:4738
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1941
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,252,304
CEO/Manager:Dorothy Auer
Chairperson:Stephen Santagata

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 519,983
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 172,342
 Other Loans 0
 TOTAL LOANS 172,342
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,870
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 16,289
 All Other Assets 0
  TOTAL ASSETS 2,252,304
LIABILITIES & CAPITAL:  
 Dividends Payable 523
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,814
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,653,195
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,653,195
  TOTAL LIABILITIES 1,655,532
 Regular Reserve 0
 Other Reserves 20,962
 Undivided Earnings 575,810
  TOTAL EQUITY 596,772
  TOTAL LIABILITIES, SHARES, & EQUITY 2,252,304
INCOME & EXPENSE  
 Loan Income 5,257
 Investment Income 1,316
 Other Income 30
 Total Employee Compensation & Benefits 2,862
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,172
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 467
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,898
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