Credit Unions Near Me
National Credit Union Service Organization

PASSAIC POLICE FEDERAL CREDIT UNION

Dec, 31, 2023 — PASSAIC POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in PASSAIC, NJ with 1 branch location and about $7.68 million in total assets. Opened 66 years ago in 1958, PASSAIC POLICE FEDERAL CREDIT UNION has about 628 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PASSAIC POLICE FEDERAL CREDIT UNION
Address:
(Main Office)
330 Passaic St
PASSAIC, NJ 07055-5815
Phone:(973) 365-3991
Fax:
Website:n/a
Branches:1 branch locations
Members:628
Credit Union Type:Federal Credit Union
Charter Number:12227
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1958
Last Audited:Jul 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$7,684,864
CEO/Manager:Bart J Giaconia
Chairperson:Juan Nieves

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 230,899
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,979,282
 Other Loans 0
 TOTAL LOANS 1,979,282
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -57,678
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 76,921
 All Other Assets 0
  TOTAL ASSETS 7,684,864
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,157
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 7,128,027
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 7,128,027
  TOTAL LIABILITIES 7,132,184
 Regular Reserve 0
 Other Reserves -304,738
 Undivided Earnings 857,418
  TOTAL EQUITY 552,680
  TOTAL LIABILITIES, SHARES, & EQUITY 7,684,864
INCOME & EXPENSE  
 Loan Income 173,325
 Investment Income 167,432
 Other Income 3,607
 Total Employee Compensation & Benefits 20,650
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 19,228
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 186,939
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -115,107
↑ Back to Top

Other Credit Unions

CLIFTON NJ POSTAL EMPLOYEES FEDERAL CREDIT UNION
811 Paulison Ave
CLIFTON, NJ 07011
PATERSON POLICE FEDERAL CREDIT UNION
111 Broadway
PATERSON, NJ 07505-1124
1ST BERGEN FEDERAL CREDIT UNION
392 Main St
HACKENSACK, NJ 07601-5805
WEST HUDSON TEACHERS FEDERAL CREDIT UNION
180 Prospect Ave
NORTH ARLINGTON, NJ 07031-5808
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
NEWARK POLICE FEDERAL CREDIT UNION
1 Lincoln AVe
NEWARK, NJ 07104
H. E. TELEPHONE FEDERAL CREDIT UNION
201 W Passaic St Ste 304
ROCHELLE PARK, NJ 07662-3126
ESSEX COUNTY TEACHERS FEDERAL CREDIT UNION
125 Franklin St
BLOOMFIELD, NJ 07003-5730
TEANECK FEDERAL CREDIT UNION
100 ELIZABETH AVE
TEANECK, NJ 07666