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MERIDEN POSTAL EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — MERIDEN POSTAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MERIDEN, CT with 1 branch location and about $381,370 in total assets. Opened 91 years ago in 1935, MERIDEN POSTAL EMPLOYEES FEDERAL CREDIT UNION has about 52 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MERIDEN POSTAL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
Meriden Postal Emplyees FCU
MERIDEN, CT 06450
Phone:(203) 560-7809
Fax:
Website:n/a
Branches:1 branch locations
Members:52
Credit Union Type:Federal Credit Union
Charter Number:153
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1935
Last Audited:Oct 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$381,370
CEO/Manager:Thomas Sagnella
Chairperson:Dave Hinners

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 47,690
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 39,302
 Other Loans 0
 TOTAL LOANS 39,302
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,000
 Land And Building 0
 Other Fixed Assets 557
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 3,821
 All Other Assets 0
  TOTAL ASSETS 381,370
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 301,699
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 301,699
  TOTAL LIABILITIES 301,699
 Regular Reserve 0
 Other Reserves 48,730
 Undivided Earnings 30,941
  TOTAL EQUITY 79,671
  TOTAL LIABILITIES, SHARES, & EQUITY 381,370
INCOME & EXPENSE  
 Loan Income 5,688
 Investment Income 8,059
 Other Income 0
 Total Employee Compensation & Benefits 12,645
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 7,080
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,675
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -8,653
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