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GREENWICH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — GREENWICH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in GREENWICH, CT with 1 branch location and about $31.29 million in total assets. Opened 57 years ago in 1969, GREENWICH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION has about 2,090 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GREENWICH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
439 W Putnam Ave
GREENWICH, CT 06830-1053
Phone:(203) 869-5280
Fax:(203) 622-7409
Website:https://www.gmefcu.com
Branches:1 branch locations
Members:2,090
Credit Union Type:Federal Credit Union
Charter Number:19203
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1969
Last Audited:Oct 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$31,291,650
CEO/Manager:Gail Todd
Chairperson:Joseph H Benoit Jr.

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,888,497
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,245,733
 Unsecured Loans 1,925,051
 Other Loans 5,348,503
 TOTAL LOANS 9,519,287
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -100,787
 Land And Building 176,000
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 246,841
 All Other Assets 0
  TOTAL ASSETS 31,291,650
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 141,976
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,081,670
 Regular shares 16,111,230
 All Other Shares & Deposits 5,612,940
  TOTAL SHARES & DEPOSITS 26,805,842
  TOTAL LIABILITIES 26,947,818
 Regular Reserve 0
 Other Reserves 290,837
 Undivided Earnings 4,052,995
  TOTAL EQUITY 4,343,832
  TOTAL LIABILITIES, SHARES, & EQUITY 31,291,650
INCOME & EXPENSE  
 Loan Income 492,534
 Investment Income 474,671
 Other Income 49,145
 Total Employee Compensation & Benefits 455,246
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 235,050
 Non-operating Income & (Expense) 21,600
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -15,906
 Cost of Funds 81,925
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 308,220
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