Mar, 31, 2022 — PUBLIC SERVICE PLAZA FEDERAL CREDIT UNION is a federal credit union headquartered in NEWARK, NJ with 1 branch location and about $18.47 million in total assets. Opened 69 years ago in 1953, PUBLIC SERVICE PLAZA FEDERAL CREDIT UNION has about 1,012 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PUBLIC SERVICE PLAZA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 80 Park Plz NEWARK, NJ 07102 |
| Phone: | (973) 430-7923 |
| Fax: | (973) 621-2126 |
| Website: | http://psplazafcu.com |
| Branches: | 1 branch locations |
| Members: | 1,012 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8993 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $18,470,525 |
| CEO/Manager: | Jeff Nelson |
| Chairperson: | Willie Josey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 459,170 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 32,174 |
| Unsecured Loans | 536,160 |
| Other Loans | 600,003 |
| TOTAL LOANS | 1,168,337 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -43,630 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 158,468 |
| All Other Assets | 0 |
| TOTAL ASSETS | 18,470,525 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 37,411 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 15,883,137 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 15,883,137 |
| TOTAL LIABILITIES | 15,920,548 |
| Regular Reserve | 0 |
| Other Reserves | 592,928 |
| Undivided Earnings | 1,957,049 |
| TOTAL EQUITY | 2,549,977 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 18,470,525 |
| INCOME & EXPENSE | |
| Loan Income | 20,115 |
| Investment Income | 50,112 |
| Other Income | 1,721 |
| Total Employee Compensation & Benefits | 31,007 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 23,324 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 17,390 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 561 |
| ↑ Back to Top | |