Dec, 31, 2023 — BAYONNE SCHOOL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BAYONNE, NJ with 1 branch location and about $5.28 million in total assets. Opened 86 years ago in 1938, BAYONNE SCHOOL EMPLOYEES FEDERAL CREDIT UNION has about 746 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BAYONNE SCHOOL EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 667 Avenue a BAYONNE, NJ 07002 |
Phone: | (201) 858-5978 |
Fax: | (201) 858-5978 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 746 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2641 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,276,388 |
CEO/Manager: | Edward J Kaczka |
Chairperson: | Sam Maggio |
ASSETS: | $ Amount |
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Cash & Equivalents | 477,476 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 386,639 |
Other Loans | 34,628 |
TOTAL LOANS | 421,266 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,184 |
Land And Building | 0 |
Other Fixed Assets | 10 |
NCUSIF Deposit | 49,063 |
All Other Assets | 0 |
TOTAL ASSETS | 5,276,388 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,619 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,827,219 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 4,827,220 |
TOTAL LIABILITIES | 4,828,839 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 447,549 |
TOTAL EQUITY | 447,549 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,276,388 |
INCOME & EXPENSE | |
Loan Income | 31,395 |
Investment Income | 121,631 |
Other Income | 1,585 |
Total Employee Compensation & Benefits | 16,624 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 63,726 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 33,680 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 42,244 |
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