Dec, 31, 2021 — ARNOLD BAKERS EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GREENWICH, CT with 1 branch location and about $2.25 million in total assets. Opened 59 years ago in 1963, ARNOLD BAKERS EMPLOYEES FEDERAL CREDIT UNION has about 332 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 |
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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: | 332 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15616 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1963 |
Last Audited: | Jul 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,245,030 |
CEO/Manager: | Pamela Edwards |
Chairperson: | Donovan Hudson |
ASSETS: | $ Amount |
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Cash & Equivalents | 73,714 |
TOTAL INVESTMENTS | 1,872,767 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 181,043 |
Other Loans | 101,851 |
TOTAL LOANS | 282,894 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,621 |
Land And Building | 0 |
Other Fixed Assets | 26 |
NCUSIF Deposit | 18,904 |
All Other Assets | 14,346 |
TOTAL ASSETS | 2,245,030 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 531 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,906,693 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,906,693 |
TOTAL LIABILITIES | 1,907,224 |
Regular Reserve | 38,640 |
Other Reserves | 0 |
Undivided Earnings | 299,166 |
TOTAL EQUITY | 337,806 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,245,030 |
INCOME & EXPENSE | |
Loan Income | 21,080 |
Investment Income | 26,627 |
Other Income | 1,914 |
Total Employee Compensation & Benefits | 104,821 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 55,330 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,192 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -111,593 |
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