Dec, 31, 2023 — BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $3.90 million in total assets. Opened 84 years ago in 1940, BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION has about 528 members and employs 4 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 POST OFFICE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 120 Middle St Rm 204 BRIDGEPORT, CT 06602 |
| Phone: | (203) 367-4518 |
| Fax: | (203) 335-4748 |
| Website: | https://www.bptpofcu.org |
| Branches: | 1 branch locations |
| Members: | 528 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3575 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,899,072 |
| CEO/Manager: | Ross Murray |
| Chairperson: | Doug Carey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 867,754 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 873,536 |
| Other Loans | 297,774 |
| TOTAL LOANS | 1,171,309 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -65,407 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 28,235 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,899,072 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,784 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 84,727 |
| Regular shares | 2,756,143 |
| All Other Shares & Deposits | 50,819 |
| TOTAL SHARES & DEPOSITS | 2,891,692 |
| TOTAL LIABILITIES | 2,895,476 |
| Regular Reserve | 0 |
| Other Reserves | 75,000 |
| Undivided Earnings | 928,596 |
| TOTAL EQUITY | 1,003,596 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,899,072 |
| INCOME & EXPENSE | |
| Loan Income | 87,295 |
| Investment Income | 94,601 |
| Other Income | 5,458 |
| Total Employee Compensation & Benefits | 96,398 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 67,430 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 287 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 28,433 |
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