ONE TWENTY CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — 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 75 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: |
| 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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