Dec, 31, 2023 — SCIENCE PARK FEDERAL CREDIT UNION is a federal credit union headquartered in NEW HAVEN, CT with 1 branch location and about $3.88 million in total assets. Opened 84 years ago in 1940, SCIENCE PARK FEDERAL CREDIT UNION has about 650 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SCIENCE PARK FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 2 Amity Rd NEW HAVEN, CT 06515 |
Phone: | (203) 786-5885 |
Fax: | (203) 786-5886 |
Website: | https://scienceparkfcu.org |
Branches: | 1 branch locations |
Members: | 650 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3790 |
---|---|
Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1940 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,881,631 |
CEO/Manager: | Michelle Poudrier |
Chairperson: | Carl Lambert |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 574,910 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,563 |
Unsecured Loans | 337,019 |
Other Loans | 2,147,045 |
TOTAL LOANS | 2,487,627 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,035 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 30,895 |
All Other Assets | 0 |
TOTAL ASSETS | 3,881,631 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,474 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,837 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 219,505 |
Regular shares | 2,417,321 |
All Other Shares & Deposits | 475,452 |
TOTAL SHARES & DEPOSITS | 3,112,278 |
TOTAL LIABILITIES | 3,124,589 |
Regular Reserve | 0 |
Other Reserves | 202,364 |
Undivided Earnings | 554,678 |
TOTAL EQUITY | 757,042 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,881,631 |
INCOME & EXPENSE | |
Loan Income | 145,386 |
Investment Income | 47,326 |
Other Income | 15,402 |
Total Employee Compensation & Benefits | 83,080 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 109,816 |
Non-operating Income & (Expense) | 470 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,684 |
Cost of Funds | 4,931 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 242 |
↑ Back to Top |