Credit Unions Near Me
National Credit Union Service Organization

CAMBRIDGE TEACHERS FEDERAL CREDIT UNION

Jun, 30, 2021 — CAMBRIDGE TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in CAMBRIDGE, MA with 0 branch location and about $36.49 million in total assets. Opened 82 years ago in 1939, CAMBRIDGE TEACHERS FEDERAL CREDIT UNION has about 2,356 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CAMBRIDGE TEACHERS FEDERAL CREDIT UNION
Address:
(Main Office)
20 FELTON ST
CAMBRIDGE, MA 02138
Phone:(617) 492-3212
Fax:(617) 492-0131
Website:http://cambridgeteachersfcu.org
Branches:0 branch locations
Members:2,356
Credit Union Type:Federal Credit Union
Charter Number:3115
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1939
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$36,490,286
CEO/Manager:RITWIK BHATTACHARYA
Chairperson:JAMES KEEGAN

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,962,421
TOTAL INVESTMENTS 24,826,515
Loans Held for Sale 0
 
 Real Estate Loans 2,810,707
 Unsecured Loans 1,761,610
 Other Loans 1,634,358
 TOTAL LOANS 6,206,675
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -56,075
 Land And Building 0
 Other Fixed Assets 21,221
 NCUSIF Deposit 264,064
 All Other Assets 265,465
  TOTAL ASSETS 36,490,286
LIABILITIES & CAPITAL:  
 Dividends Payable 95,875
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,012
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,517,952
 Regular shares 15,542,150
 All Other Shares & Deposits 12,731,260
  TOTAL SHARES & DEPOSITS 33,791,362
  TOTAL LIABILITIES 33,896,249
 Regular Reserve 468,063
 Other Reserves 45,438
 Undivided Earnings 2,080,536
  TOTAL EQUITY 2,594,037
  TOTAL LIABILITIES, SHARES, & EQUITY 36,490,286
INCOME & EXPENSE  
 Loan Income 177,605
 Investment Income 156,948
 Other Income 36,660
 Total Employee Compensation & Benefits 194,118
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 158,835
 Non-operating Income & (Expense) 3,057
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,000
 Cost of Funds 119,323
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -96,991
↑ Back to Top

Other Credit Unions

HEALTH ALLIANCE FEDERAL CREDIT UNION
230 HIGHLAND AVE
SOMERVILLE, MA 02143-1408
BELMONT MUNICIPAL FEDERAL CREDIT UNION
PO BOX 56
BELMONT, MA 02478
SOMERVILLE MASS FIREFIGHTERS FEDERAL CREDIT UNION
266 BROADWAY
SOMERVILLE, MA 02145
MEDFORD MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
85 GEORGE P HASSETT DR RM 200
MEDFORD, MA 02155-3299
CAMBRIDGE FIREFIGHTERS FEDERAL CREDIT UNION
29 Smith Pl
CAMBRIDGE, MA 02138-1007
SOMERVILLE SCHOOL EMPLOYEES FEDERAL CREDIT UNION
P.O. BOX 440053
SOMERVILLE, MA 02144
SOMERVILLE MUNICIPAL FEDERAL CREDIT UNION
236 HOLLAND ST
SOMERVILLE, MA 02144
CAMBRIDGE MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
795 MASSACHUSETTS AVE., CITY HALL
CAMBRIDGE, MA 02139-3201
WATERTOWN MUNICIPAL CREDIT UNION
149 MAIN ST
WATERTOWN, MA 02472-4410
ALPHA CREDIT UNION
One Deaconess Rd
BOSTON, MA 02215