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ATLANTIC COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — ATLANTIC COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NORTHFIELD, NJ with 1 branch location and about $2.36 million in total assets. Opened 83 years ago in 1941, ATLANTIC COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION has about 458 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ATLANTIC COUNTY NJ EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. BOX 97
NORTHFIELD, NJ 08225
Phone:(609) 927-4688
Fax:
Website:n/a
Branches:1 branch locations
Members:458
Credit Union Type:Federal Credit Union
Charter Number:4738
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1941
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,363,082
CEO/Manager:Dorothy Auer
Chairperson:Victoria Kroger

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 630,970
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 172,297
 Other Loans 0
 TOTAL LOANS 172,297
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,870
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 16,362
 All Other Assets 0
  TOTAL ASSETS 2,363,082
LIABILITIES & CAPITAL:  
 Dividends Payable 745
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 55
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,770,990
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,770,990
  TOTAL LIABILITIES 1,771,790
 Regular Reserve 0
 Other Reserves 20,962
 Undivided Earnings 570,330
  TOTAL EQUITY 591,292
  TOTAL LIABILITIES, SHARES, & EQUITY 2,363,082
INCOME & EXPENSE  
 Loan Income 16,118
 Investment Income 5,207
 Other Income 129
 Total Employee Compensation & Benefits 8,591
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 20,556
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 685
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -8,378
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