Sep, 30, 2025 — HARTFORD FEDERAL CREDIT UNION is a federal credit union headquartered in HARTFORD, CT with 4 branch locations and about $147.55 million in total assets. Opened 65 years ago in 1961, HARTFORD FEDERAL CREDIT UNION has about 16,339 members and employs 38 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HARTFORD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 964 Asylum Ave HARTFORD, CT 06105 |
| Phone: | (860) 527-6663 |
| Fax: | (860) 527-2297 |
| Website: | https://www.hartfordfcu.com |
| Branches: | 4 branch locations |
| Members: | 16,339 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14388 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $147,551,601 |
| CEO/Manager: | Edward P Danek, Jr. |
| Chairperson: | Keisha Palmer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,584,837 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 53,594,205 |
| Unsecured Loans | 3,139,463 |
| Other Loans | 12,837,327 |
| TOTAL LOANS | 69,570,995 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -918,921 |
| Land And Building | 1,810,507 |
| Other Fixed Assets | 848,542 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,229,440 |
| All Other Assets | 0 |
| TOTAL ASSETS | 147,551,601 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,660,619 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 25,694,749 |
| Regular shares | 59,307,455 |
| All Other Shares & Deposits | 39,905,205 |
| TOTAL SHARES & DEPOSITS | 124,907,409 |
| TOTAL LIABILITIES | 127,568,028 |
| Regular Reserve | 0 |
| Other Reserves | 1,297,717 |
| Undivided Earnings | 18,685,856 |
| TOTAL EQUITY | 19,983,573 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 147,551,601 |
| INCOME & EXPENSE | |
| Loan Income | 2,871,882 |
| Investment Income | 1,844,732 |
| Other Income | 1,377,692 |
| Total Employee Compensation & Benefits | 3,144,809 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,172,429 |
| Non-operating Income & (Expense) | 113,926 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,000 |
| Cost of Funds | 444,662 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,155,995 |
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