Sep, 30, 2025 — CORNERSTONE COMMUNITY CREDIT UNION (CORNERSTONE CCU) is a federal credit union headquartered in FAIRFIELD, CT with 4 branch locations and about $66.10 million in total assets. Opened 92 years ago in 1934, CORNERSTONE COMMUNITY CREDIT UNION (CORNERSTONE CCU) has about 4,542 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CORNERSTONE COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1515 Black Rock Tpke FAIRFIELD, CT 06825 |
| Phone: | (203) 366-1336 |
| Fax: | (866) 763-4180 |
| Website: | https://www.cornerstoneccu.com |
| Branches: | 4 branch locations |
| Members: | 4,542 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24977 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $66,103,014 |
| CEO/Manager: | RALPH CERVERO |
| Chairperson: | KATHLEEN PEREZ |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,035,933 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 29,399,287 |
| Unsecured Loans | 1,338,420 |
| Other Loans | 8,453,709 |
| TOTAL LOANS | 39,191,416 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -276,752 |
| Land And Building | 1,890,776 |
| Other Fixed Assets | 115,937 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 573,714 |
| All Other Assets | 0 |
| TOTAL ASSETS | 66,103,014 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 702,696 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,895,975 |
| Regular shares | 39,508,283 |
| All Other Shares & Deposits | 5,442,869 |
| TOTAL SHARES & DEPOSITS | 57,847,127 |
| TOTAL LIABILITIES | 58,549,823 |
| Regular Reserve | 0 |
| Other Reserves | 2,930,545 |
| Undivided Earnings | 4,622,646 |
| TOTAL EQUITY | 7,553,191 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 66,103,014 |
| INCOME & EXPENSE | |
| Loan Income | 1,484,868 |
| Investment Income | 657,457 |
| Other Income | 267,004 |
| Total Employee Compensation & Benefits | 1,276,156 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 687,020 |
| Non-operating Income & (Expense) | 21,188 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 19,463 |
| Cost of Funds | 82,942 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 364,936 |
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