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ONE TWENTY CREDIT UNION

Mar, 31, 2021 — ONE TWENTY CREDIT UNION is a federally insured state chartered credit union headquartered in JAMAICA PLAIN, MA with 1 branch location and about $415,842 in total assets. Opened 72 years ago in 1949, ONE TWENTY CREDIT UNION has about 96 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ONE TWENTY CREDIT UNION
Address:
(Main Office)
PO BOX 300041
JAMAICA PLAIN, MA 02130
Phone:(617) 257-8621
Fax:
Website:n/a
Branches:1 branch locations
Members:96
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68019
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1949
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$415,842
CEO/Manager:Thomas F Connell
Chairperson:

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 220,007
TOTAL INVESTMENTS 195,835
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 0
 TOTAL LOANS 0
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) 0
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 415,842
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 302,914
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 302,914
  TOTAL LIABILITIES 302,914
 Regular Reserve 8,000
 Other Reserves 0
 Undivided Earnings 104,928
  TOTAL EQUITY 112,928
  TOTAL LIABILITIES, SHARES, & EQUITY 415,842
INCOME & EXPENSE  
 Loan Income 708
 Investment Income 4,636
 Other Income 70
 Total Employee Compensation & Benefits 7,181
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,272
 Non-operating Income & (Expense) 26,281
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 21,242
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