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CRIERS FEDERAL CREDIT UNION

Jun, 30, 2024 — CRIERS FEDERAL CREDIT UNION is a federal credit union headquartered in MONROE TOWNSHIP, NJ with 1 branch location and about $2.43 million in total assets. Opened 78 years ago in 1946, CRIERS FEDERAL CREDIT UNION has about 164 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CRIERS FEDERAL CREDIT UNION
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:164
Credit Union Type:Federal Credit Union
Charter Number:5321
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1946
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,427,021
CEO/Manager:Laurence Schreck
Chairperson:Arthur Galinsky

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 189,829
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 305,253
 TOTAL LOANS 305,253
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,831
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 19,171
 All Other Assets 0
  TOTAL ASSETS 2,427,021
LIABILITIES & CAPITAL:  
 Dividends Payable 7,379
 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 2,035,004
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,035,004
  TOTAL LIABILITIES 2,042,383
 Regular Reserve 0
 Other Reserves 254,796
 Undivided Earnings 129,842
  TOTAL EQUITY 384,638
  TOTAL LIABILITIES, SHARES, & EQUITY 2,427,021
INCOME & EXPENSE  
 Loan Income 7,152
 Investment Income 19,887
 Other Income 267
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,185
 Non-operating Income & (Expense) 600
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 16,944
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -223
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