Dec, 31, 2023 — EAST ORANGE FIREMENS FEDERAL CREDIT UNION is a federal credit union headquartered in BLOOMFIELD, NJ with 1 branch location and about $9.47 million in total assets. Opened 68 years ago in 1956, EAST ORANGE FIREMENS FEDERAL CREDIT UNION has about 775 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EAST ORANGE FIREMENS FEDERAL CREDIT UNION |
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Address: (Main Office) | 27 West St Ste G BLOOMFIELD, NJ 07003 |
Phone: | (973) 677-0969 |
Fax: | (973) 677-0969 |
Website: | https://eoffcu.com |
Branches: | 1 branch locations |
Members: | 775 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11014 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Nov 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $9,465,478 |
CEO/Manager: | Kevin M Kingston |
Chairperson: | Anthony L Thompson |
ASSETS: | $ Amount |
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Cash & Equivalents | 896,629 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 2,357,233 |
Other Loans | 4,728,121 |
TOTAL LOANS | 7,085,356 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -176,866 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 98,248 |
All Other Assets | 0 |
TOTAL ASSETS | 9,465,478 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,462 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 13,159 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 7,113,329 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 7,113,329 |
TOTAL LIABILITIES | 7,127,950 |
Regular Reserve | 0 |
Other Reserves | 91,087 |
Undivided Earnings | 2,246,441 |
TOTAL EQUITY | 2,337,528 |
TOTAL LIABILITIES, SHARES, & EQUITY | 9,465,478 |
INCOME & EXPENSE | |
Loan Income | 631,665 |
Investment Income | 61,133 |
Other Income | 10,451 |
Total Employee Compensation & Benefits | 126,825 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 115,148 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 105,065 |
Cost of Funds | 211,816 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 144,395 |
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