Jun, 30, 2021 — HAMILTON HORIZONS FEDERAL CREDIT UNION is a federal credit union headquartered in HAMILTON, NJ with 1 branch location and about $23.33 million in total assets. Opened 67 years ago in 1954, HAMILTON HORIZONS FEDERAL CREDIT UNION has about 2,987 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HAMILTON HORIZONS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3535 QUAKERBRIDGE RD SUITE 600 HAMILTON, NJ 08619 |
| Phone: | (609) 631-4300 |
| Fax: | (609) 631-9605 |
| Website: | http://www.hamiltonhorizons.org |
| Branches: | 1 branch locations |
| Members: | 2,987 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9411 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,325,341 |
| CEO/Manager: | Lisa MacIntosh |
| Chairperson: | Louise Stahl |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 817,859 |
| TOTAL INVESTMENTS | 9,012,386 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,058,636 |
| Unsecured Loans | 2,023,317 |
| Other Loans | 2,926,129 |
| TOTAL LOANS | 13,008,082 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,275 |
| Land And Building | 0 |
| Other Fixed Assets | 63,649 |
| NCUSIF Deposit | 204,461 |
| All Other Assets | 263,179 |
| TOTAL ASSETS | 23,325,341 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 55,197 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,785,593 |
| Regular shares | 13,170,172 |
| All Other Shares & Deposits | 3,910,235 |
| TOTAL SHARES & DEPOSITS | 21,866,000 |
| TOTAL LIABILITIES | 21,921,197 |
| Regular Reserve | 876,729 |
| Other Reserves | 55,874 |
| Undivided Earnings | 471,541 |
| TOTAL EQUITY | 1,404,144 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,325,341 |
| INCOME & EXPENSE | |
| Loan Income | 396,612 |
| Investment Income | 39,206 |
| Other Income | 53,916 |
| Total Employee Compensation & Benefits | 309,686 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 348,612 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -10,688 |
| Cost of Funds | 9,862 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 84,455 |
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