GLOBAL 1 FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.global1fcu.com for more information.
Dec, 31, 2023 — GLOBAL 1 FEDERAL CREDIT UNION is a federal credit union headquartered in PENNSAUKEN, NJ with 1 branch location and about $8.26 million in total assets. Opened 49 years ago in 1975, GLOBAL 1 FEDERAL CREDIT UNION has about 1,035 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GLOBAL 1 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7512 MAPLE AVE PENNSAUKEN, NJ 08109-3327 |
| Phone: | (856) 320-4706 |
| Fax: | (856) 320-4709 |
| Website: | https://www.global1fcu.com |
| Branches: | 1 branch locations |
| Members: | 1,035 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22178 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,261,410 |
| CEO/Manager: | Arlie Littleton |
| Chairperson: | Kerrianne Lauro |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,633,248 |
| TOTAL INVESTMENTS | 1,646,131 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,490,215 |
| Unsecured Loans | 1,385,973 |
| Other Loans | 780,409 |
| TOTAL LOANS | 3,656,597 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -108,844 |
| Land And Building | 265,330 |
| Other Fixed Assets | 4,730 |
| NCUSIF Deposit | 62,079 |
| All Other Assets | 102,139 |
| TOTAL ASSETS | 8,261,410 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 15 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,343 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,584,005 |
| Regular shares | 4,251,992 |
| All Other Shares & Deposits | 1,202,178 |
| TOTAL SHARES & DEPOSITS | 8,038,175 |
| TOTAL LIABILITIES | 8,039,533 |
| Regular Reserve | 235,170 |
| Other Reserves | 0 |
| Undivided Earnings | -13,293 |
| TOTAL EQUITY | 221,877 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,261,410 |
| INCOME & EXPENSE | |
| Loan Income | 60,259 |
| Investment Income | 12,305 |
| Other Income | 12,766 |
| Total Employee Compensation & Benefits | 51,260 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 46,147 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 5,025 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -13,292 |
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