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NORWALK POSTAL EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — NORWALK POSTAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in NORWALK, CT with 1 branch location and about $530,941 in total assets. Opened 63 years ago in 1958, NORWALK POSTAL EMPLOYEES FEDERAL CREDIT UNION has about 288 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NORWALK POSTAL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 17
NORWALK, CT 06856
Phone:(203) 354-2670
Fax:
Website:n/a
Branches:1 branch locations
Members:288
Credit Union Type:Federal Credit Union
Charter Number:12375
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1958
Last Audited:Jan 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$530,941
CEO/Manager:Susan Bennett
Chairperson:Smith A Payne Jr.

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 60,803
TOTAL INVESTMENTS 1,667
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 300,269
 Other Loans 159,165
 TOTAL LOANS 459,434
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,864
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 4,724
 All Other Assets 8,177
  TOTAL ASSETS 530,941
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -1,919
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 449,455
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 449,455
  TOTAL LIABILITIES 447,536
 Regular Reserve 36,109
 Other Reserves 0
 Undivided Earnings 47,296
  TOTAL EQUITY 83,405
  TOTAL LIABILITIES, SHARES, & EQUITY 530,941
INCOME & EXPENSE  
 Loan Income 8,452
 Investment Income 13
 Other Income 108
 Total Employee Compensation & Benefits 4,800
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,722
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 231
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 820
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