THUNDERBOLT AREA FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://tbafcu.com for more information.
Sep, 30, 2025 — THUNDERBOLT AREA FEDERAL CREDIT UNION is a federal credit union headquartered in MILLVILLE, NJ with 1 branch location and about $34.22 million in total assets. Opened 75 years ago in 1951, THUNDERBOLT AREA FEDERAL CREDIT UNION has about 3,272 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | THUNDERBOLT AREA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1601 CEDAR STREET MILLVILLE, NJ 08332 |
| Phone: | (856) 327-5755 |
| Fax: | (856) 825-2306 |
| Website: | https://tbafcu.com |
| Branches: | 1 branch locations |
| Members: | 3,272 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7289 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation equipment |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $34,220,056 |
| CEO/Manager: | Robert A Millard |
| Chairperson: | Louis S Fisher |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,486,384 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,887,745 |
| Unsecured Loans | 1,073,499 |
| Other Loans | 4,574,193 |
| TOTAL LOANS | 8,535,437 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -335,747 |
| Land And Building | 355,837 |
| Other Fixed Assets | 30,782 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 284,091 |
| All Other Assets | 0 |
| TOTAL ASSETS | 34,220,056 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 89,656 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,880,647 |
| Regular shares | 18,447,549 |
| All Other Shares & Deposits | 4,476,105 |
| TOTAL SHARES & DEPOSITS | 30,804,301 |
| TOTAL LIABILITIES | 30,893,957 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,326,099 |
| TOTAL EQUITY | 3,326,099 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 34,220,056 |
| INCOME & EXPENSE | |
| Loan Income | 348,357 |
| Investment Income | 171,511 |
| Other Income | 333,443 |
| Total Employee Compensation & Benefits | 284,125 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 394,979 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 65,090 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 131,995 |
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