Dec, 31, 2020 — BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $30.60 million in total assets. Opened 62 years ago in 1959, BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION has about 4,067 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 45 LYON TER, ROOM #21 BRIDGEPORT, CT 06604 |
Phone: | (203) 576-7280 |
Fax: | (203) 576-8374 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 4,067 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13040 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1959 |
Last Audited: | Sep 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $30,595,875 |
CEO/Manager: | Carl A Skudlarek |
Chairperson: | John Colligan |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,954,652 |
TOTAL INVESTMENTS | 17,868,140 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,303,140 |
Unsecured Loans | 1,928,254 |
Other Loans | 5,307,164 |
TOTAL LOANS | 10,538,558 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -60,000 |
Land And Building | 0 |
Other Fixed Assets | 25,396 |
NCUSIF Deposit | 200,808 |
All Other Assets | 68,321 |
TOTAL ASSETS | 30,595,875 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 13,112 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 124,548 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,633,357 |
Regular shares | 13,352,690 |
All Other Shares & Deposits | 8,252,185 |
TOTAL SHARES & DEPOSITS | 23,238,232 |
TOTAL LIABILITIES | 23,375,892 |
Regular Reserve | 612,696 |
Other Reserves | 0 |
Undivided Earnings | 6,607,287 |
TOTAL EQUITY | 7,219,983 |
TOTAL LIABILITIES, SHARES, & EQUITY | 30,595,875 |
INCOME & EXPENSE | |
Loan Income | 649,544 |
Investment Income | 326,610 |
Other Income | 25,099 |
Total Employee Compensation & Benefits | 738,642 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 206,827 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 50,108 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,676 |
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