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THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION

Dec, 31, 2020 — 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 $6.29 million in total assets. Opened 65 years ago in 1956, THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION has about 900 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:n/a
Branches:1 branch locations
Members:900
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:$6,286,760
CEO/Manager:Nancy Zito
Chairperson:Anthony Duff

Call Report

  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,551,911
TOTAL INVESTMENTS 570,538
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,454,264
 Other Loans 665,513
 TOTAL LOANS 2,119,777
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) 0
 Land And Building 0
 Other Fixed Assets 1,618
 NCUSIF Deposit 36,895
 All Other Assets 6,021
  TOTAL ASSETS 6,286,760
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 29,720
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,724,846
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,724,846
  TOTAL LIABILITIES 4,754,566
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,532,194
  TOTAL EQUITY 1,532,194
  TOTAL LIABILITIES, SHARES, & EQUITY 6,286,760
INCOME & EXPENSE  
 Loan Income 184,267
 Investment Income 27,868
 Other Income 5,568
 Total Employee Compensation & Benefits 139,511
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 57,057
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -55,138
 Cost of Funds 20,547
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 55,726
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