BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $32.06 million in total assets. Opened 65 years ago in 1959, BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION has about 3,862 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 45 LYON TER, ROOM #21 BRIDGEPORT, CT 06604 |
Phone: | (203) 576-7280 |
Fax: | (203) 576-8374 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 3,862 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13040 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Oct 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $32,061,056 |
CEO/Manager: | Carl A Skudlarek |
Chairperson: | John Colligan |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,314,609 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,775,549 |
Unsecured Loans | 1,945,366 |
Other Loans | 5,361,956 |
TOTAL LOANS | 11,082,871 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,000 |
Land And Building | 0 |
Other Fixed Assets | 33,087 |
NCUSIF Deposit | 231,994 |
All Other Assets | 0 |
TOTAL ASSETS | 32,061,056 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,497 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 145,208 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,952,954 |
Regular shares | 15,048,061 |
All Other Shares & Deposits | 7,515,109 |
TOTAL SHARES & DEPOSITS | 24,516,124 |
TOTAL LIABILITIES | 24,664,829 |
Regular Reserve | 0 |
Other Reserves | 612,696 |
Undivided Earnings | 6,783,531 |
TOTAL EQUITY | 7,396,227 |
TOTAL LIABILITIES, SHARES, & EQUITY | 32,061,056 |
INCOME & EXPENSE | |
Loan Income | 459,253 |
Investment Income | 167,367 |
Other Income | 6,739 |
Total Employee Compensation & Benefits | 550,038 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 176,479 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 44,575 |
Cost of Funds | 16,009 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 175,436 |
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