Credit Unions Near Me
National Credit Union Service Organization

TORRINGTON MUNICIPAL AND TEACHERS FEDERAL CREDIT UNION

Mar, 31, 2021 — TORRINGTON MUNICIPAL AND TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in TORRINGTON, CT with 3 branch locations and about $71.82 million in total assets. Opened 61 years ago in 1960, TORRINGTON MUNICIPAL AND TEACHERS FEDERAL CREDIT UNION has about 9,745 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TORRINGTON MUNICIPAL AND TEACHERS FEDERAL CREDIT UNION
Address:
(Main Office)
777 EAST MAIN ST
TORRINGTON, CT 06790
Phone:(860) 489-2212
Fax:(860) 496-7024
Website:http://tmtfcu.org
Branches:3 branch locations
Members:9,745
Credit Union Type:Federal Credit Union
Charter Number:14003
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Jul 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$71,817,085
CEO/Manager:Donna Marie A Battistoni
Chairperson:Joseph Manes

Call Report

  • Commercial Loans
  • Credit Builder
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • In-School Branches

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 17,179,320
TOTAL INVESTMENTS 24,667,229
Loans Held for Sale 0
 
 Real Estate Loans 4,584,432
 Unsecured Loans 3,416,333
 Other Loans 20,081,241
 TOTAL LOANS 28,082,006
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -160,399
 Land And Building 1,026,552
 Other Fixed Assets 138,216
 NCUSIF Deposit 565,011
 All Other Assets 319,150
  TOTAL ASSETS 71,817,085
LIABILITIES & CAPITAL:  
 Dividends Payable 3,843
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 104,791
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,414,826
 Regular shares 27,553,025
 All Other Shares & Deposits 27,541,573
  TOTAL SHARES & DEPOSITS 66,509,424
  TOTAL LIABILITIES 66,618,058
 Regular Reserve 412,904
 Other Reserves 0
 Undivided Earnings 4,786,123
  TOTAL EQUITY 5,199,027
  TOTAL LIABILITIES, SHARES, & EQUITY 71,817,085
INCOME & EXPENSE  
 Loan Income 385,062
 Investment Income 92,566
 Other Income 100,768
 Total Employee Compensation & Benefits 261,537
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 362,333
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -4,167
 Cost of Funds 37,140
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 31,545
↑ Back to Top

Other Credit Unions

VALLEY CATHOLIC FEDERAL CREDIT UNION
P O Box 897
SIMSBURY, CT 06070-1939
KIEF PROTECTIVE MUTUAL BENEFIT ASS. CREDIT UNION
701 Cottage Grove Ro Ste E230, Room
BLOOMFIELD, CT 06002-4211
WATERBURY POLICE FEDERAL CREDIT UNION
PO BOX 255
WATERBURY, CT 06720
NORTHWEST HILLS CREDIT UNION
339 N Elm St
TORRINGTON, CT 06790
GREATER WATERTOWN FEDERAL CREDIT UNION
48 WOODRUFF AVE
WATERTOWN, CT 06795
GREATER WATERBURY HEALTHCARE FEDERAL CREDIT UNION
64 ROBBINS ST
WATERBURY, CT 06708
WATERBURY POSTAL EMPLOYEES FEDERAL CREDIT UNION
PO BOX 241
WATERBURY, CT 06702-0241
COMMUNITY CREDIT UNION OF NEW MILFORD, INC.
P.O. BOX 208
NEW MILFORD, CT 06776
SKYLINE FINANCIAL FEDERAL CREDIT UNION
3528 E Main St
WATERBURY, CT 06705
ASA FEDERAL CREDIT UNION
1 REGENCY DR
BLOOMFIELD, CT 06002-2310