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ARNOLD BAKERS EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — ARNOLD BAKERS EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GREENWICH, CT with 1 branch location and about $2.38 million in total assets. Opened 58 years ago in 1963, ARNOLD BAKERS EMPLOYEES FEDERAL CREDIT UNION has about 344 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ARNOLD BAKERS EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
10 HAMILTON AVE
GREENWICH, CT 06830
Phone:(203) 531-2306
Fax:(203) 531-2326
Website:n/a
Branches:1 branch locations
Members:344
Credit Union Type:Federal Credit Union
Charter Number:15616
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1963
Last Audited:Oct 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$2,383,976
CEO/Manager:Pamela Edwards
Chairperson:Donovan Hudson

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 127,759
TOTAL INVESTMENTS 1,920,767
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 169,678
 Other Loans 129,116
 TOTAL LOANS 298,794
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,314
 Land And Building 0
 Other Fixed Assets 676
 NCUSIF Deposit 18,904
 All Other Assets 19,390
  TOTAL ASSETS 2,383,976
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,048
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,976,291
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,976,291
  TOTAL LIABILITIES 1,977,339
 Regular Reserve 38,640
 Other Reserves 0
 Undivided Earnings 367,997
  TOTAL EQUITY 406,637
  TOTAL LIABILITIES, SHARES, & EQUITY 2,383,976
INCOME & EXPENSE  
 Loan Income 10,397
 Investment Income 13,774
 Other Income 1,182
 Total Employee Compensation & Benefits 51,965
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 31,648
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,094
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -58,864
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