Dec, 31, 2023 — THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in NEW HAVEN, CT with 1 branch location and about $5.86 million in total assets. Opened 68 years ago in 1956, THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION has about 862 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: | THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 Union Ave NEW HAVEN, CT 06519 |
| Phone: | (203) 562-8318 |
| Fax: | (203) 562-4746 |
| Website: | https://www.nhpdfcu.com |
| Branches: | 1 branch locations |
| Members: | 862 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10729 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Nov 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,860,968 |
| CEO/Manager: | Elishia Allen |
| Chairperson: | Joseph Greene |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,449,770 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,092,391 |
| Other Loans | 619,007 |
| TOTAL LOANS | 1,711,398 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,052 |
| Land And Building | 0 |
| Other Fixed Assets | 9,683 |
| NCUSIF Deposit | 46,458 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,860,968 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,041 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,361,520 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 4,361,520 |
| TOTAL LIABILITIES | 4,375,561 |
| Regular Reserve | 0 |
| Other Reserves | 1,485,407 |
| Undivided Earnings | 0 |
| TOTAL EQUITY | 1,485,407 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,860,968 |
| INCOME & EXPENSE | |
| Loan Income | 113,321 |
| Investment Income | 172,694 |
| Other Income | 9,718 |
| Total Employee Compensation & Benefits | 129,132 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 105,338 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 6,847 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 54,416 |
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