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ARNOLD BAKERS EMPLOYEES FEDERAL CREDIT UNION

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
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
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

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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