Dec, 31, 2021 — BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $31.45 million in total assets. Opened 63 years ago in 1959, BRIDGEPORT CITY EMPLOYEES FEDERAL CREDIT UNION has about 3,970 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 |
|---|---|
| Address: (Main Office) | 45 Lyon Ter BRIDGEPORT, CT 06604 |
| Phone: | (203) 576-7280 |
| Fax: | (203) 576-8374 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 3,970 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13040 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Oct 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $31,450,437 |
| CEO/Manager: | Carl A Skudlarek |
| Chairperson: | John Colligan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,296,820 |
| TOTAL INVESTMENTS | 19,124,140 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,860,533 |
| Unsecured Loans | 1,870,615 |
| Other Loans | 5,014,676 |
| TOTAL LOANS | 10,745,824 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,000 |
| Land And Building | 0 |
| Other Fixed Assets | 35,081 |
| NCUSIF Deposit | 224,040 |
| All Other Assets | 53,532 |
| TOTAL ASSETS | 31,450,437 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,998 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 114,433 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,683,924 |
| Regular shares | 14,813,072 |
| All Other Shares & Deposits | 7,614,219 |
| TOTAL SHARES & DEPOSITS | 24,111,215 |
| TOTAL LIABILITIES | 24,229,646 |
| Regular Reserve | 612,696 |
| Other Reserves | 0 |
| Undivided Earnings | 6,608,095 |
| TOTAL EQUITY | 7,220,791 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 31,450,437 |
| INCOME & EXPENSE | |
| Loan Income | 623,471 |
| Investment Income | 224,681 |
| Other Income | 9,630 |
| Total Employee Compensation & Benefits | 717,773 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 150,345 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 21,561 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 807 |
| ↑ Back to Top | |