Sep, 30, 2025 — ORLEX GOVERNMENT EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in NEWPORT, VT with 1 branch location and about $6.55 million in total assets. Opened 73 years ago in 1953, ORLEX GOVERNMENT EMPLOYEES CREDIT UNION has about 1,286 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ORLEX GOVERNMENT EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 5043 US Route 5 NEWPORT, VT 05855-4543 |
| Phone: | (802) 334-5084 |
| Fax: | (802) 334-3846 |
| Website: | https://www.orlex.com |
| Branches: | 1 branch locations |
| Members: | 1,286 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64782 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,552,556 |
| CEO/Manager: | JUDY J JENNE |
| Chairperson: | Jennie A Dion |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,349,371 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,119,076 |
| Other Loans | 3,994,281 |
| TOTAL LOANS | 5,113,357 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -36,914 |
| Land And Building | 0 |
| Other Fixed Assets | 15,156 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 60,297 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,552,556 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 22,318 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 20,818 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,171,927 |
| Regular shares | 2,631,747 |
| All Other Shares & Deposits | 2,005,432 |
| TOTAL SHARES & DEPOSITS | 5,809,107 |
| TOTAL LIABILITIES | 5,852,243 |
| Regular Reserve | 0 |
| Other Reserves | 142,698 |
| Undivided Earnings | 557,615 |
| TOTAL EQUITY | 700,313 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,552,556 |
| INCOME & EXPENSE | |
| Loan Income | 317,113 |
| Investment Income | 16,264 |
| Other Income | 28,212 |
| Total Employee Compensation & Benefits | 166,965 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 138,085 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -627 |
| Cost of Funds | 45,892 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 11,274 |
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