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THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION

Mar, 31, 2022 — 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 $6.85 million in total assets. Opened 66 years ago in 1956, THE NEW HAVEN POLICE AND MUNICIPAL FEDERAL CREDIT UNION has about 882 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:882
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$6,853,508
CEO/Manager:Elishia Allen
Chairperson:Joseph Greene

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,068,870
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 992,785
 Other Loans 424,963
 TOTAL LOANS 1,417,748
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,706
 Land And Building 0
 Other Fixed Assets 14,759
 NCUSIF Deposit 47,248
 All Other Assets 0
  TOTAL ASSETS 6,853,508
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 17,384
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 5,380,425
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 5,380,425
  TOTAL LIABILITIES 5,397,809
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,455,699
  TOTAL EQUITY 1,455,699
  TOTAL LIABILITIES, SHARES, & EQUITY 6,853,508
INCOME & EXPENSE  
 Loan Income 26,880
 Investment Income 1,982
 Other Income 565
 Total Employee Compensation & Benefits 29,244
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 16,938
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 25,000
 Cost of Funds 3,258
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -45,013
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