Dec, 31, 2022 — LAKEHURST NAVAL FEDERAL CREDIT UNION is a federal credit union headquartered in JOINT BASE MDL, NJ with 1 branch location and about $40.01 million in total assets. Opened 71 years ago in 1952, LAKEHURST NAVAL FEDERAL CREDIT UNION has about 2,010 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LAKEHURST NAVAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 60 Lansdowne Rd JOINT BASE MDL, NJ 08733-5021 |
| Phone: | (732) 323-2496 |
| Fax: | (732) 323-1197 |
| Website: | https://www.lnfcu.net |
| Branches: | 1 branch locations |
| Members: | 2,010 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7958 |
|---|---|
| Membership Type: | Military |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $40,006,111 |
| CEO/Manager: | Valerie Stefanowitz |
| Chairperson: | Charles Adler |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,540,576 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,256,939 |
| Unsecured Loans | 2,268,516 |
| Other Loans | 2,175,487 |
| TOTAL LOANS | 9,700,942 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -99,059 |
| Land And Building | 0 |
| Other Fixed Assets | 36,000 |
| NCUSIF Deposit | 348,560 |
| All Other Assets | 0 |
| TOTAL ASSETS | 40,006,111 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 14,862 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 258,963 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,695,642 |
| Regular shares | 25,032,774 |
| All Other Shares & Deposits | 5,407,116 |
| TOTAL SHARES & DEPOSITS | 36,135,532 |
| TOTAL LIABILITIES | 36,409,357 |
| Regular Reserve | 0 |
| Other Reserves | 268,764 |
| Undivided Earnings | 3,327,990 |
| TOTAL EQUITY | 3,596,754 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 40,006,111 |
| INCOME & EXPENSE | |
| Loan Income | 430,720 |
| Investment Income | 222,042 |
| Other Income | 51,246 |
| Total Employee Compensation & Benefits | 299,337 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 414,535 |
| Non-operating Income & (Expense) | 219,204 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -13,829 |
| Cost of Funds | 55,464 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 167,705 |
| ↑ Back to Top | |