Sep, 30, 2025 — MOTION FEDERAL CREDIT UNION is a federal credit union headquartered in LINDEN, NJ with 6 branch locations and about $60.95 million in total assets. Opened 92 years ago in 1934, MOTION FEDERAL CREDIT UNION has about 5,106 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MOTION FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 360 N Wood Ave LINDEN, NJ 07036 |
| Phone: | (908) 862-6966 |
| Fax: | (908) 862-6961 |
| Website: | https://www.motionfcu.org |
| Branches: | 6 branch locations |
| Members: | 5,106 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 53 |
|---|---|
| Membership Type: | Multiple common bond - Primarily petroleum refining |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $60,950,141 |
| CEO/Manager: | Michael Greenwood |
| Chairperson: | Marty Grozinski |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,984,365 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 26,690,415 |
| Unsecured Loans | 4,212,720 |
| Other Loans | 8,013,490 |
| TOTAL LOANS | 38,916,626 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -362,604 |
| Land And Building | 1,363,168 |
| Other Fixed Assets | 147,399 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 504,502 |
| All Other Assets | 0 |
| TOTAL ASSETS | 60,950,141 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,111,842 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,689,150 |
| Regular shares | 26,708,435 |
| All Other Shares & Deposits | 12,022,115 |
| TOTAL SHARES & DEPOSITS | 54,419,700 |
| TOTAL LIABILITIES | 55,531,542 |
| Regular Reserve | 0 |
| Other Reserves | -680,970 |
| Undivided Earnings | 6,099,569 |
| TOTAL EQUITY | 5,418,599 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 60,950,141 |
| INCOME & EXPENSE | |
| Loan Income | 1,726,485 |
| Investment Income | 450,914 |
| Other Income | 191,316 |
| Total Employee Compensation & Benefits | 853,919 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,184,882 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 127,607 |
| Cost of Funds | 190,566 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 200,119 |
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