COVENTRY TEACHERS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://ctfcu.com for more information.
Sep, 30, 2025 — COVENTRY TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in COVENTRY, RI with 1 branch location and about $3.09 million in total assets. Opened 65 years ago in 1961, COVENTRY TEACHERS FEDERAL CREDIT UNION has about 636 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COVENTRY TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 9 FOSTER DR COVENTRY, RI 02816 |
| Phone: | (401) 826-1682 |
| Fax: | (401) 826-1698 |
| Website: | https://ctfcu.com |
| Branches: | 1 branch locations |
| Members: | 636 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24475 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Jul 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,086,390 |
| CEO/Manager: | Susanne D Shaw |
| Chairperson: | George M Egan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,368,721 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 218,011 |
| Other Loans | 969,306 |
| TOTAL LOANS | 1,187,317 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,689 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 22,626 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,086,390 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 4,198 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -515 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,431,471 |
| All Other Shares & Deposits | 104,268 |
| TOTAL SHARES & DEPOSITS | 2,535,739 |
| TOTAL LIABILITIES | 2,539,422 |
| Regular Reserve | 0 |
| Other Reserves | 250,817 |
| Undivided Earnings | 296,151 |
| TOTAL EQUITY | 546,968 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,086,390 |
| INCOME & EXPENSE | |
| Loan Income | 11,416 |
| Investment Income | 1,822 |
| Other Income | 2 |
| Total Employee Compensation & Benefits | 9,421 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,796 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 3,670 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -4,636 |
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