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PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SAYREVILLE, NJ with 1 branch location and about $5.86 million in total assets. Opened 87 years ago in 1937, PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION has about 772 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:PARLIN DUPONT EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
389 Washington Rd
SAYREVILLE, NJ 08872-1990
Phone:(732) 254-7573
Fax:(732) 254-0860
Website:https://www.parlindupontefcu.com
Branches:1 branch locations
Members:772
Credit Union Type:Federal Credit Union
Charter Number:2246
Membership Type:Multiple common bond - Primarily primary and fabricated metals
Corporate Credit Union:No
Year Opened:1937
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$5,863,380
CEO/Manager:Christina Olender
Chairperson:Albert Check

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 476,976
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 31,959
 Unsecured Loans 607,918
 Other Loans 1,901,478
 TOTAL LOANS 2,541,355
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,057
 Land And Building 0
 Other Fixed Assets 1,364
 NCUSIF Deposit 57,670
 All Other Assets 0
  TOTAL ASSETS 5,863,380
LIABILITIES & CAPITAL:  
 Dividends Payable 6
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,168
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,123,121
 Regular shares 4,107,102
 All Other Shares & Deposits 124,728
  TOTAL SHARES & DEPOSITS 5,354,951
  TOTAL LIABILITIES 5,361,125
 Regular Reserve 0
 Other Reserves -853
 Undivided Earnings 503,108
  TOTAL EQUITY 502,255
  TOTAL LIABILITIES, SHARES, & EQUITY 5,863,380
INCOME & EXPENSE  
 Loan Income 164,498
 Investment Income 60,999
 Other Income 23,115
 Total Employee Compensation & Benefits 142,736
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 94,275
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,000
 Cost of Funds 1,350
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 9,154
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