Sep, 30, 2025 — ASA FEDERAL CREDIT UNION is a federal credit union headquartered in BLOOMFIELD, CT with 1 branch location and about $11.72 million in total assets. Opened 53 years ago in 1973, ASA FEDERAL CREDIT UNION has about 1,082 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: | ASA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1 Regency Dr BLOOMFIELD, CT 06002-2310 |
| Phone: | (860) 243-9571 |
| Fax: | (860) 242-0650 |
| Website: | https://www.asafcu.com |
| Branches: | 1 branch locations |
| Members: | 1,082 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21190 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation equipment |
| Corporate Credit Union: | No |
| Year Opened: | 1973 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $11,717,705 |
| CEO/Manager: | Janet L Anderson |
| Chairperson: | Frank Stawski |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,902,764 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,252,311 |
| Other Loans | 2,595,481 |
| TOTAL LOANS | 3,847,792 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -96,627 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 105,408 |
| All Other Assets | 0 |
| TOTAL ASSETS | 11,717,705 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,893 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 171 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,356,637 |
| Regular shares | 7,480,820 |
| All Other Shares & Deposits | 1,847,004 |
| TOTAL SHARES & DEPOSITS | 10,684,461 |
| TOTAL LIABILITIES | 10,686,525 |
| Regular Reserve | 0 |
| Other Reserves | 165,804 |
| Undivided Earnings | 865,376 |
| TOTAL EQUITY | 1,031,180 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,717,705 |
| INCOME & EXPENSE | |
| Loan Income | 237,306 |
| Investment Income | 186,006 |
| Other Income | 13,179 |
| Total Employee Compensation & Benefits | 147,244 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 139,007 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,000 |
| Cost of Funds | 17,274 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 103,012 |
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