Dec, 31, 2023 — BAYONNE CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BAYONNE, NJ with 0 branch location and about $4.56 million in total assets. Opened 75 years ago in 1949, BAYONNE CITY EMPLOYEES FEDERAL CREDIT UNION has about 714 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BAYONNE CITY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 630 Avenue C BAYONNE, NJ 07002-3878 |
Phone: | (201) 858-6098 |
Fax: | (201) 436-4469 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 714 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6443 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1949 |
Last Audited: | Jun 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,557,730 |
CEO/Manager: | Ann M Zientek |
Chairperson: | Timothy Coughlin |
ASSETS: | $ Amount |
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Cash & Equivalents | 247,344 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 373,664 |
Other Loans | 1,448,267 |
TOTAL LOANS | 1,821,931 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,197 |
Land And Building | 0 |
Other Fixed Assets | 12 |
NCUSIF Deposit | 36,379 |
All Other Assets | 0 |
TOTAL ASSETS | 4,557,730 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 870 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 8,634 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,384,655 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 3,384,655 |
TOTAL LIABILITIES | 3,394,159 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,163,571 |
TOTAL EQUITY | 1,163,571 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,557,730 |
INCOME & EXPENSE | |
Loan Income | 69,011 |
Investment Income | 105,010 |
Other Income | 2,200 |
Total Employee Compensation & Benefits | 133,218 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 33,015 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 24,351 |
Cost of Funds | 3,573 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -17,936 |
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