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CRIERS FEDERAL CREDIT UNION

Dec, 31, 2023 — CRIERS FEDERAL CREDIT UNION is a federal credit union headquartered in MONROE TOWNSHIP, NJ with 0 branch location and about $2.54 million in total assets. Opened 78 years ago in 1946, CRIERS FEDERAL CREDIT UNION has about 147 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CRIERS FEDERAL CREDIT UNION
Address:
(Main Office)
655 Azalea Palaz
MONROE TOWNSHIP, NJ 08831
Phone:(609) 655-1510
Fax:
Website:n/a
Branches:0 branch locations
Members:147
Credit Union Type:Federal Credit Union
Charter Number:5321
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1946
Last Audited:Oct 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$2,536,766
CEO/Manager:Laurence Schreck
Chairperson:Allan R Kaplan

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 250,409
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 335,527
 TOTAL LOANS 335,527
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) 0
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 20,830
 All Other Assets 0
  TOTAL ASSETS 2,536,766
LIABILITIES & CAPITAL:  
 Dividends Payable 17,372
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,131,145
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,131,145
  TOTAL LIABILITIES 2,148,517
 Regular Reserve 0
 Other Reserves 254,796
 Undivided Earnings 133,453
  TOTAL EQUITY 388,249
  TOTAL LIABILITIES, SHARES, & EQUITY 2,536,766
INCOME & EXPENSE  
 Loan Income 8,319
 Investment Income 37,785
 Other Income 1,025
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,055
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 29,538
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,536
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