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THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION

Sep, 30, 2021 — 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 $6.40 million in total assets. Opened 66 years ago in 1956, THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION has about 867 members 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:n/a
Branches:1 branch locations
Members:867
Credit Union Type:Federal Credit Union
Charter Number:10729
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1956
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$6,404,935
CEO/Manager:Karizma Schloss
Chairperson:Joseph Greene

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,083,128
TOTAL INVESTMENTS 544,534
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,205,575
 Other Loans 514,623
 TOTAL LOANS 1,720,198
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,350
 Land And Building 0
 Other Fixed Assets 924
 NCUSIF Deposit 47,248
 All Other Assets 23,253
  TOTAL ASSETS 6,404,935
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,461
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,871,687
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,871,687
  TOTAL LIABILITIES 4,886,148
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,518,787
  TOTAL EQUITY 1,518,787
  TOTAL LIABILITIES, SHARES, & EQUITY 6,404,935
INCOME & EXPENSE  
 Loan Income 107,566
 Investment Income 9,132
 Other Income 14,898
 Total Employee Compensation & Benefits 93,403
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 34,232
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,267
 Cost of Funds 12,100
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -13,406
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