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NEW HAVEN TEACHERS FEDERAL CREDIT UNION

Mar, 31, 2022 — NEW HAVEN TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in NEW HAVEN, CT with 1 branch location and about $10.62 million in total assets. Opened 88 years ago in 1934, NEW HAVEN TEACHERS FEDERAL CREDIT UNION has about 1,170 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NEW HAVEN TEACHERS FEDERAL CREDIT UNION
Address:
(Main Office)
90 Hamilton St
NEW HAVEN, CT 06511
Phone:(203) 865-4334
Fax:(203) 624-9849
Website:n/a
Branches:1 branch locations
Members:1,170
Credit Union Type:Federal Credit Union
Charter Number:19
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1934
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$10,622,627
CEO/Manager:Peter Persano
Chairperson:Thomas McCarthy

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 729,455
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 464,245
 Other Loans 720,768
 TOTAL LOANS 1,185,013
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,000
 Land And Building 0
 Other Fixed Assets 1
 NCUSIF Deposit 71,499
 All Other Assets 0
  TOTAL ASSETS 10,622,627
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -216,579
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,040,054
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 8,040,054
  TOTAL LIABILITIES 7,823,475
 Regular Reserve 0
 Other Reserves 91,768
 Undivided Earnings 2,707,384
  TOTAL EQUITY 2,799,152
  TOTAL LIABILITIES, SHARES, & EQUITY 10,622,627
INCOME & EXPENSE  
 Loan Income 21,549
 Investment Income 9,180
 Other Income 1,430
 Total Employee Compensation & Benefits 26,059
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,648
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 893
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -5,672
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