FREUDENBERG-NOK EMPLOYEES CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — FREUDENBERG-NOK EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in BRISTOL, NH with 1 branch location and about $2.44 million in total assets. Opened 68 years ago in 1956, FREUDENBERG-NOK EMPLOYEES CREDIT UNION has about 549 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FREUDENBERG-NOK EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 2001 BRISTOL, NH 03222 |
| Phone: | (603) 744-1651 |
| Fax: | (603) 744-1617 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 549 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66305 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,441,328 |
| CEO/Manager: | MELISSA L SHARP-GREATCHUS |
| Chairperson: | RENE J LEFEBVRE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,825,363 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 111,166 |
| Other Loans | 512,760 |
| TOTAL LOANS | 623,926 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -32,445 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 17,720 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,441,328 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,658 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,137,481 |
| All Other Shares & Deposits | 186,318 |
| TOTAL SHARES & DEPOSITS | 2,323,799 |
| TOTAL LIABILITIES | 2,325,457 |
| Regular Reserve | 0 |
| Other Reserves | 141,723 |
| Undivided Earnings | -25,852 |
| TOTAL EQUITY | 115,871 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,441,328 |
| INCOME & EXPENSE | |
| Loan Income | 25,528 |
| Investment Income | 8,447 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 47,857 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 19,076 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 455,682 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -488,228 |
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