Sep, 30, 2025 — N.J.T. EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in WALDWICK, NJ with 1 branch location and about $36.99 million in total assets. Opened 72 years ago in 1954, N.J.T. EMPLOYEES FEDERAL CREDIT UNION has about 2,531 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | N.J.T. EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7 Richard Dr WALDWICK, NJ 07463-2010 |
| Phone: | (201) 447-6677 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 2,531 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9723 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $36,986,302 |
| CEO/Manager: | Louis E Sneyers |
| Chairperson: | Darren Parker |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,720,179 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 6,355,705 |
| Other Loans | 1,232,724 |
| TOTAL LOANS | 7,588,429 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -243,226 |
| Land And Building | 0 |
| Other Fixed Assets | 10,155 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 300,782 |
| All Other Assets | 0 |
| TOTAL ASSETS | 36,986,302 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 358,463 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 15,659 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 32,254,527 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 32,254,527 |
| TOTAL LIABILITIES | 32,628,649 |
| Regular Reserve | 0 |
| Other Reserves | 2,358,568 |
| Undivided Earnings | 1,999,085 |
| TOTAL EQUITY | 4,357,653 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 36,986,302 |
| INCOME & EXPENSE | |
| Loan Income | 689,460 |
| Investment Income | 816,339 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 102,860 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 61,062 |
| Non-operating Income & (Expense) | 600 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 145,000 |
| Cost of Funds | 1,050,457 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 147,020 |
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