Dec, 31, 2023 — PUBLIC SERVICE H C EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in TOMS RIVER, NJ with 1 branch location and about $8.09 million in total assets. Opened 71 years ago in 1953, PUBLIC SERVICE H C EMPLOYEES FEDERAL CREDIT UNION has about 727 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PUBLIC SERVICE H C EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 17 Harbor View Ln TOMS RIVER, NJ 08753-2082 |
Phone: | (888) 606-8877 |
Fax: | (888) 606-8877 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 727 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9082 |
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Membership Type: | Service - Communications and Utilities |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,093,842 |
CEO/Manager: | Edward B Sullivan |
Chairperson: | Richard E Taylor Jr. |
ASSETS: | $ Amount |
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Cash & Equivalents | 501,724 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 854,930 |
Other Loans | 0 |
TOTAL LOANS | 854,930 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,713 |
Land And Building | 0 |
Other Fixed Assets | 530 |
NCUSIF Deposit | 61,766 |
All Other Assets | 0 |
TOTAL ASSETS | 8,093,842 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,615 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 5,984 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 5,488,714 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 5,488,714 |
TOTAL LIABILITIES | 5,499,313 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,594,529 |
TOTAL EQUITY | 2,594,529 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,093,842 |
INCOME & EXPENSE | |
Loan Income | 101,912 |
Investment Income | 125,965 |
Other Income | 1,828 |
Total Employee Compensation & Benefits | 117,608 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 92,234 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 19,118 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,407 |
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