Dec, 31, 2021 — CRIERS FEDERAL CREDIT UNION is a federal credit union headquartered in MONROE TOWNSHIP, NJ with 1 branch location and about $2.30 million in total assets. Opened 76 years ago in 1946, CRIERS FEDERAL CREDIT UNION has about 169 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CRIERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 665C Azalea Plz MONROE TOWNSHIP, NJ 08831-5214 |
Phone: | (609) 655-1510 |
Fax: | (609) 655-1508 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 169 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5321 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1946 |
Last Audited: | Sep 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,296,860 |
CEO/Manager: | Laurence Schreck |
Chairperson: | Arthur Galinsky |
ASSETS: | $ Amount |
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Cash & Equivalents | 235,721 |
TOTAL INVESTMENTS | 1,899,886 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,265 |
Other Loans | 160,810 |
TOTAL LOANS | 162,075 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,385 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 18,563 |
All Other Assets | 0 |
TOTAL ASSETS | 2,296,860 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 11,879 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,917,062 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,917,062 |
TOTAL LIABILITIES | 1,928,941 |
Regular Reserve | 254,799 |
Other Reserves | 0 |
Undivided Earnings | 113,120 |
TOTAL EQUITY | 367,919 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,296,860 |
INCOME & EXPENSE | |
Loan Income | 7,057 |
Investment Income | 30,609 |
Other Income | 240 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 438 |
Total Other Operating Expenses | 12,852 |
Non-operating Income & (Expense) | 800 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 23,481 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,935 |
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