Dec, 31, 2023 — NEW HAVEN TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in NEW HAVEN, CT with 1 branch location and about $9.78 million in total assets. Opened 90 years ago in 1934, NEW HAVEN TEACHERS FEDERAL CREDIT UNION has about 1,127 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEW HAVEN TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 90 Hamilton St NEW HAVEN, CT 06511 |
| Phone: | (203) 865-4334 |
| Fax: | (203) 624-9849 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,127 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 19 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,783,158 |
| CEO/Manager: | JOYCE M FLYNN |
| Chairperson: | Thomas McCarthy |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 567,598 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 434,062 |
| Other Loans | 1,132,114 |
| TOTAL LOANS | 1,566,176 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -32,698 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 72,549 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,783,158 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,370 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 6,868,815 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 6,868,815 |
| TOTAL LIABILITIES | 6,870,185 |
| Regular Reserve | 0 |
| Other Reserves | 91,769 |
| Undivided Earnings | 2,821,204 |
| TOTAL EQUITY | 2,912,973 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,783,158 |
| INCOME & EXPENSE | |
| Loan Income | 99,104 |
| Investment Income | 205,883 |
| Other Income | 1,435 |
| Total Employee Compensation & Benefits | 81,374 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 56,550 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 70,651 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 97,847 |
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