Dec, 31, 2023 — PLAINFIELD CREDIT UNION is a federally insured state chartered credit union headquartered in EDISON, NJ with 1 branch location and about $862,174 in total assets. Opened 93 years ago in 1931, PLAINFIELD CREDIT UNION has about 121 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PLAINFIELD CREDIT UNION |
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Address: (Main Office) | 19 Kilmer Rd EDISON, NJ 08817 |
Phone: | (732) 985-4618 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 121 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66188 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1931 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $862,174 |
CEO/Manager: | Sandra Schwalb |
Chairperson: | Joseph Saporito |
ASSETS: | $ Amount |
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Cash & Equivalents | 171,842 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 93,572 |
Other Loans | 0 |
TOTAL LOANS | 93,572 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,091 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 11,652 |
All Other Assets | 0 |
TOTAL ASSETS | 862,174 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
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 | 616,853 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 616,853 |
TOTAL LIABILITIES | 616,853 |
Regular Reserve | 0 |
Other Reserves | 25,000 |
Undivided Earnings | 220,321 |
TOTAL EQUITY | 245,321 |
TOTAL LIABILITIES, SHARES, & EQUITY | 862,174 |
INCOME & EXPENSE | |
Loan Income | 21,115 |
Investment Income | 20,533 |
Other Income | 0 |
Total Employee Compensation & Benefits | 31,414 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 16,422 |
Non-operating Income & (Expense) | 456 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 13,350 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -19,082 |
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