Sep, 30, 2025 — B-M S FEDERAL CREDIT UNION is a federal credit union headquartered in NEW BRUNSWICK, NJ with 2 branch locations and about $80.58 million in total assets. Opened 72 years ago in 1954, B-M S FEDERAL CREDIT UNION has about 3,704 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | B-M S FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 Squibb Dr NEW BRUNSWICK, NJ 08901-1588 |
| Phone: | (732) 227-6704 |
| Fax: | (732) 227-3150 |
| Website: | https://www.bmsfcu.org |
| Branches: | 2 branch locations |
| Members: | 3,704 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9146 |
|---|---|
| Membership Type: | Multiple common bond - Primarily chemical |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $80,578,833 |
| CEO/Manager: | Dawn Brockup |
| Chairperson: | Lisa Dolan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,708,821 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,020,379 |
| Unsecured Loans | 2,198,784 |
| Other Loans | 6,372,169 |
| TOTAL LOANS | 18,591,332 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -40,686 |
| Land And Building | 0 |
| Other Fixed Assets | 19,016 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 595,635 |
| All Other Assets | 0 |
| TOTAL ASSETS | 80,578,833 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 186 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 69,937 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,036,578 |
| Regular shares | 20,747,917 |
| All Other Shares & Deposits | 26,790,858 |
| TOTAL SHARES & DEPOSITS | 64,575,353 |
| TOTAL LIABILITIES | 64,645,476 |
| Regular Reserve | 0 |
| Other Reserves | 367,209 |
| Undivided Earnings | 15,566,148 |
| TOTAL EQUITY | 15,933,357 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 80,578,833 |
| INCOME & EXPENSE | |
| Loan Income | 626,832 |
| Investment Income | 927,789 |
| Other Income | 57,707 |
| Total Employee Compensation & Benefits | 227,426 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 811,826 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,642 |
| Cost of Funds | 486,236 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 150,796 |
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