Sep, 30, 2025 — FINANCIAL RESOURCES FEDERAL CREDIT UNION is a federal credit union headquartered in BRANCHBURG, NJ with 10 branch locations and about $608.67 million in total assets. Opened 76 years ago in 1950, FINANCIAL RESOURCES FEDERAL CREDIT UNION has about 29,767 members and employs 91 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FINANCIAL RESOURCES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3040 US Highway 22 Bldg 2 BRANCHBURG, NJ 08876-3594 |
| Phone: | (800) 933-3280 |
| Fax: | (908) 253-6409 |
| Website: | https://www.myfinancialresources.org |
| Branches: | 10 branch locations |
| Members: | 29,767 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6665 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $608,669,428 |
| CEO/Manager: | Frank Almeida |
| Chairperson: | Robert J Graczyk |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,943,878 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 406,482,156 |
| Unsecured Loans | 31,458,416 |
| Other Loans | 52,832,473 |
| TOTAL LOANS | 490,773,042 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,979,252 |
| Land And Building | 1,301,795 |
| Other Fixed Assets | 10,599,083 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,649,629 |
| All Other Assets | 49,670 |
| TOTAL ASSETS | 608,669,428 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 353,046 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,489,385 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 111,755,535 |
| Regular shares | 81,101,154 |
| All Other Shares & Deposits | 349,648,953 |
| TOTAL SHARES & DEPOSITS | 542,505,642 |
| TOTAL LIABILITIES | 556,496,748 |
| Regular Reserve | 0 |
| Other Reserves | -5,788,904 |
| Undivided Earnings | 57,961,584 |
| TOTAL EQUITY | 52,172,680 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 608,669,428 |
| INCOME & EXPENSE | |
| Loan Income | 21,751,235 |
| Investment Income | 2,636,144 |
| Other Income | 1,986,658 |
| Total Employee Compensation & Benefits | 8,107,300 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,239,852 |
| Non-operating Income & (Expense) | 2,071,505 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,410,000 |
| Cost of Funds | 9,012,437 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,740,931 |
| ↑ Back to Top | |