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 |
| 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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