Jun, 30, 2024 — HARRISON POLICE & FIREMEN'S FEDERAL CREDIT UNION is a federal credit union headquartered in HARRISON, NJ with 1 branch location and about $26.92 million in total assets. Opened 74 years ago in 1950, HARRISON POLICE & FIREMEN'S FEDERAL CREDIT UNION has about 1,355 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 |
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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: | 1,355 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6638 |
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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: | $26,917,615 |
CEO/Manager: | Carl E Honegger |
Chairperson: | Robert Greene |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,238,114 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,199,030 |
Unsecured Loans | 1,943,640 |
Other Loans | 2,675,064 |
TOTAL LOANS | 9,817,734 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -130,099 |
Land And Building | 0 |
Other Fixed Assets | 36,339 |
NCUSIF Deposit | 203,789 |
All Other Assets | 0 |
TOTAL ASSETS | 26,917,615 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 42,929 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,170,136 |
Regular shares | 16,709,074 |
All Other Shares & Deposits | 4,746,152 |
TOTAL SHARES & DEPOSITS | 23,625,362 |
TOTAL LIABILITIES | 23,668,291 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 3,249,324 |
TOTAL EQUITY | 3,249,324 |
TOTAL LIABILITIES, SHARES, & EQUITY | 26,917,615 |
INCOME & EXPENSE | |
Loan Income | 424,439 |
Investment Income | 161,881 |
Other Income | 9,557 |
Total Employee Compensation & Benefits | 247,801 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 222,343 |
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 | 29,103 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 151,329 |
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