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HARRISON POLICE & FIREMEN'S FEDERAL CREDIT UNION

Mar, 31, 2022 — HARRISON POLICE & FIREMEN'S FEDERAL CREDIT UNION is a federal credit union headquartered in HARRISON, NJ with 1 branch location and about $24.74 million in total assets. Opened 72 years ago in 1950, HARRISON POLICE & FIREMEN'S FEDERAL CREDIT UNION has about 1,349 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HARRISON POLICE & FIREMEN'S FEDERAL CREDIT UNION
Address:
(Main Office)
326 Harrison Ave
HARRISON, NJ 07029-3059
Phone:(973) 482-0963
Fax:(973) 482-0744
Website:n/a
Branches:1 branch locations
Members:1,349
Credit Union Type:Federal Credit Union
Charter Number:6638
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1950
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$24,744,097
CEO/Manager:Carl E Honegger
Chairperson:Robert Greene

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,052,580
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,178,891
 Unsecured Loans 1,895,440
 Other Loans 2,475,817
 TOTAL LOANS 9,550,148
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -137,483
 Land And Building 0
 Other Fixed Assets 35,234
 NCUSIF Deposit 198,458
 All Other Assets 0
  TOTAL ASSETS 24,744,097
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 40,258
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,083,733
 Regular shares 14,638,657
 All Other Shares & Deposits 4,813,575
  TOTAL SHARES & DEPOSITS 21,535,965
  TOTAL LIABILITIES 21,576,223
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,167,874
  TOTAL EQUITY 3,167,874
  TOTAL LIABILITIES, SHARES, & EQUITY 24,744,097
INCOME & EXPENSE  
 Loan Income 133,111
 Investment Income 45,912
 Other Income 3,005
 Total Employee Compensation & Benefits 78,261
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 75,878
 Non-operating Income & (Expense) 48,787
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 8,737
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 69,879
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