CONSOLIDATED CONTROLS CORP. FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.consolidatedcontrolscorpfcu.com/ for more information.
Dec, 31, 2023 — CONSOLIDATED CONTROLS CORP. FEDERAL CREDIT UNION is a federal credit union headquartered in BETHEL, CT with 1 branch location and about $1.30 million in total assets. Opened 42 years ago in 1982, CONSOLIDATED CONTROLS CORP. FEDERAL CREDIT UNION has about 176 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CONSOLIDATED CONTROLS CORP. FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 15 DURANT AVE BETHEL, CT 06801 |
| Phone: | (203) 796-6324 |
| Fax: | (203) 796-6018 |
| Website: | https://www.consolidatedcontrolscorpfcu.com/ |
| Branches: | 1 branch locations |
| Members: | 176 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23940 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1982 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,300,603 |
| CEO/Manager: | Dina Shoushani |
| Chairperson: | JAMES LAFLAM |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 618,322 |
| TOTAL INVESTMENTS | 2,867 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 146,976 |
| Other Loans | 546,729 |
| TOTAL LOANS | 693,705 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,544 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 9,253 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,300,603 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,621 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 38,596 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,139,999 |
| All Other Shares & Deposits | 22,393 |
| TOTAL SHARES & DEPOSITS | 1,162,392 |
| TOTAL LIABILITIES | 1,202,609 |
| Regular Reserve | 12,076 |
| Other Reserves | 0 |
| Undivided Earnings | 85,918 |
| TOTAL EQUITY | 97,994 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,300,603 |
| INCOME & EXPENSE | |
| Loan Income | 12,912 |
| Investment Income | 35 |
| Other Income | 176 |
| Total Employee Compensation & Benefits | 11,209 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 43,659 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 70,129 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -111,874 |
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