Dec, 31, 2023 — CENCAP FEDERAL CREDIT UNION is a federal credit union headquartered in HARTFORD, CT with 3 branch locations and about $38.76 million in total assets. Opened 74 years ago in 1950, CENCAP FEDERAL CREDIT UNION has about 8,989 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CENCAP FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 443 FRANKLIN AVE HARTFORD, CT 06114 |
Phone: | (860) 722-8110 |
Fax: | (860) 296-8981 |
Website: | https://www.cencap.com |
Branches: | 3 branch locations |
Members: | 8,989 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6733 |
---|---|
Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $38,764,995 |
CEO/Manager: | Jeanne Webb |
Chairperson: | Ken Kennedy, Jr. |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 4,950,004 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 7,324,600 |
Unsecured Loans | 7,443,427 |
Other Loans | 13,238,559 |
TOTAL LOANS | 28,006,586 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -431,137 |
Land And Building | 395,462 |
Other Fixed Assets | 164,818 |
NCUSIF Deposit | 381,321 |
All Other Assets | 0 |
TOTAL ASSETS | 38,764,995 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 95,434 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,231,828 |
Regular shares | 19,389,727 |
All Other Shares & Deposits | 10,322,732 |
TOTAL SHARES & DEPOSITS | 35,944,287 |
TOTAL LIABILITIES | 36,039,721 |
Regular Reserve | 0 |
Other Reserves | 977,559 |
Undivided Earnings | 1,747,715 |
TOTAL EQUITY | 2,725,274 |
TOTAL LIABILITIES, SHARES, & EQUITY | 38,764,995 |
INCOME & EXPENSE | |
Loan Income | 1,743,888 |
Investment Income | 278,993 |
Other Income | 779,897 |
Total Employee Compensation & Benefits | 1,394,941 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,203,509 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -71,519 |
Cost of Funds | 119,164 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 307,512 |
↑ Back to Top |