Mar, 31, 2022 — HARTFORD FEDERAL CREDIT UNION is a federal credit union headquartered in HARTFORD, CT with 4 branch locations and about $156.46 million in total assets. Opened 61 years ago in 1961, HARTFORD FEDERAL CREDIT UNION has about 17,450 members and employs 35 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: | http://www.hartfordfcu.com |
Branches: | 4 branch locations |
Members: | 17,450 |
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, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $156,464,647 |
CEO/Manager: | Edward P Danek, Jr. |
Chairperson: | Susan Glazier |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 23,245,939 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 47,525,662 |
Unsecured Loans | 5,621,927 |
Other Loans | 9,615,559 |
TOTAL LOANS | 62,763,148 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -410,424 |
Land And Building | 2,573,399 |
Other Fixed Assets | 453,453 |
NCUSIF Deposit | 1,344,776 |
All Other Assets | 0 |
TOTAL ASSETS | 156,464,647 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 835,932 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 27,619,246 |
Regular shares | 78,342,795 |
All Other Shares & Deposits | 35,040,036 |
TOTAL SHARES & DEPOSITS | 141,002,077 |
TOTAL LIABILITIES | 141,838,009 |
Regular Reserve | 0 |
Other Reserves | 954,266 |
Undivided Earnings | 13,672,372 |
TOTAL EQUITY | 14,626,638 |
TOTAL LIABILITIES, SHARES, & EQUITY | 156,464,647 |
INCOME & EXPENSE | |
Loan Income | 670,798 |
Investment Income | 205,390 |
Other Income | 420,324 |
Total Employee Compensation & Benefits | 759,361 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 398,180 |
Non-operating Income & (Expense) | -4,568 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,000 |
Cost of Funds | 35,249 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 410,688 |
↑ Back to Top |