Dec, 31, 2022 — HAMILTON HORIZONS FEDERAL CREDIT UNION is a federal credit union headquartered in HAMILTON, NJ with 1 branch location and about $24.80 million in total assets. Opened 69 years ago in 1954, HAMILTON HORIZONS FEDERAL CREDIT UNION has about 2,883 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: | HAMILTON HORIZONS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3535 Quakerbridge Rd Ste 600 HAMILTON, NJ 08619-1250 |
| Phone: | (609) 631-4300 |
| Fax: | (609) 631-9605 |
| Website: | https://www.hamiltonhorizons.org |
| Branches: | 1 branch locations |
| Members: | 2,883 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,804,213 |
| CEO/Manager: | Lisa MacIntosh |
| Chairperson: | Louise Stahl |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 104,073 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,877,797 |
| Unsecured Loans | 1,895,771 |
| Other Loans | 3,505,660 |
| TOTAL LOANS | 13,279,228 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,000 |
| Land And Building | 0 |
| Other Fixed Assets | 45,836 |
| NCUSIF Deposit | 213,925 |
| All Other Assets | 0 |
| TOTAL ASSETS | 24,804,213 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 700,000 |
| Accounts Payable & Other Liabilities | 21,864 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,904,862 |
| Regular shares | 14,625,464 |
| All Other Shares & Deposits | 3,973,634 |
| TOTAL SHARES & DEPOSITS | 23,503,960 |
| TOTAL LIABILITIES | 24,225,824 |
| Regular Reserve | 0 |
| Other Reserves | 159,508 |
| Undivided Earnings | 418,881 |
| TOTAL EQUITY | 578,389 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,804,213 |
| INCOME & EXPENSE | |
| Loan Income | 554,479 |
| Investment Income | 86,005 |
| Other Income | 103,674 |
| Total Employee Compensation & Benefits | 448,261 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 516,165 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 48,277 |
| Cost of Funds | 17,983 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -126,053 |
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