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TORRINGTON MUNICIPAL AND TEACHERS FEDERAL CREDIT UNION

Sep, 30, 2025 — TORRINGTON MUNICIPAL AND TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in TORRINGTON, CT with 3 branch locations and about $87.13 million in total assets. Opened 66 years ago in 1960, TORRINGTON MUNICIPAL AND TEACHERS FEDERAL CREDIT UNION has about 10,909 members and employs 19 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 E Main St
TORRINGTON, CT 06790-3915
Phone:(860) 489-2212
Fax:(860) 496-7024
Website:https://www.tmtfcu.org
Branches:3 branch locations
Members:10,909
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, 2025
FHLB Member:No
Low Income Designation:No
Assets:$87,132,559
CEO/Manager:Donna Marie A Battistoni
Chairperson:Michael Tyler

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,024,609
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 9,080,684
 Unsecured Loans 3,146,454
 Other Loans 21,896,156
 TOTAL LOANS 34,123,294
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -123,702
 Land And Building 647,538
 Other Fixed Assets 153,528
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 725,701
 All Other Assets 0
  TOTAL ASSETS 87,132,559
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 56,741
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 12,159,995
 Regular shares 31,290,589
 All Other Shares & Deposits 35,541,984
  TOTAL SHARES & DEPOSITS 78,992,568
  TOTAL LIABILITIES 79,049,309
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 8,083,250
  TOTAL EQUITY 8,083,250
  TOTAL LIABILITIES, SHARES, & EQUITY 87,132,559
INCOME & EXPENSE  
 Loan Income 1,610,227
 Investment Income 1,266,530
 Other Income 336,590
 Total Employee Compensation & Benefits 892,267
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,286,116
 Non-operating Income & (Expense) 382,076
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 62,081
 Cost of Funds 639,965
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 714,994
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