Credit Unions Near Me
National Credit Union Service Organization

GAF LINDEN EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — GAF LINDEN EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in PARSIPPANY, NJ with 1 branch location and about $5.53 million in total assets. Opened 87 years ago in 1937, GAF LINDEN EMPLOYEES FEDERAL CREDIT UNION has about 533 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GAF LINDEN EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
1 Campus Dr
PARSIPPANY, NJ 07054-4404
Phone:(973) 628-3852
Fax:(973) 628-3563
Website:https://www.gafcreditunion.org
Branches:1 branch locations
Members:533
Credit Union Type:Federal Credit Union
Charter Number:2348
Membership Type:Multiple common bond - Primarily chemical
Corporate Credit Union:No
Year Opened:1937
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$5,525,598
CEO/Manager:Denise Faver
Chairperson:Lori Starr

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 133,926
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 166,862
 Unsecured Loans 563,947
 Other Loans 637,420
 TOTAL LOANS 1,368,230
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -29,410
 Land And Building 0
 Other Fixed Assets 84
 NCUSIF Deposit 48,631
 All Other Assets 0
  TOTAL ASSETS 5,525,598
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,541
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 215,478
 Regular shares 4,526,437
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,741,916
  TOTAL LIABILITIES 4,748,457
 Regular Reserve 0
 Other Reserves 55,439
 Undivided Earnings 721,702
  TOTAL EQUITY 777,141
  TOTAL LIABILITIES, SHARES, & EQUITY 5,525,598
INCOME & EXPENSE  
 Loan Income 81,160
 Investment Income 76,055
 Other Income 3,106
 Total Employee Compensation & Benefits 87,994
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 39,604
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 800
 Cost of Funds 7,262
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 29,585
↑ Back to Top

Other Credit Unions

DEFENSE LOGISTICS FEDERAL CREDIT UNION
93 ARDEC BLDING, 100 PICATINNY ARSE
PICATINNY ARSEN, NJ 07806-5300
ST. ANDREW KIM FEDERAL CREDIT UNION
280 Parker Ave
MAPLEWOOD, NJ 07040
BLOOMFIELD FIRE AND POLICE FEDERAL CREDIT UNION
375 Franklin St
BLOOMFIELD, NJ 07003-3414
EAST ORANGE FIREMENS FEDERAL CREDIT UNION
27 West St Ste G
BLOOMFIELD, NJ 07003
FAIRLEIGH DICKINSON UNIVERSITY FEDERAL CREDIT UNION
12 Main St Ste 4
MADISON, NJ 07940
ATLANTIC HEALTH EMPLOYEES FEDERAL CREDIT UNION
99 Beauvoir Ave Fl 2
SUMMIT, NJ 07901
ESSEX COUNTY TEACHERS FEDERAL CREDIT UNION
125 Franklin St
BLOOMFIELD, NJ 07003-5730
UNION BUILDING TRADES FEDERAL CREDIT UNION
205 Cherry Hill Rd
PARSIPPANY, NJ 07054
GARDEN SAVINGS FEDERAL CREDIT UNION
129 Littleton Rd
PARSIPPANY, NJ 07054-1869
NOVARTIS FEDERAL CREDIT UNION
124 S Ridgedale AVe
EAST HANOVER, NJ 07936