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BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION

Dec, 31, 2021 — BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $3.94 million in total assets. Opened 82 years ago in 1940, BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION has about 591 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:BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION
Address:
(Main Office)
120 Middle St Rm 204
BRIDGEPORT, CT 06602
Phone:(203) 367-4518
Fax:(203) 335-4748
Website:http://www.bptpofcu.org
Branches:1 branch locations
Members:591
Credit Union Type:Federal Credit Union
Charter Number:3575
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1940
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$3,937,933
CEO/Manager:Ross Murray
Chairperson:Doug Carey

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,215,322
TOTAL INVESTMENTS 1,368,799
Loans Held for Sale 0
 
 Real Estate Loans 3,627
 Unsecured Loans 971,943
 Other Loans 338,097
 TOTAL LOANS 1,313,667
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,962
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 30,772
 All Other Assets 25,335
  TOTAL ASSETS 3,937,933
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 296
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 70,102
 Regular shares 2,659,875
 All Other Shares & Deposits 93,515
  TOTAL SHARES & DEPOSITS 2,823,492
  TOTAL LIABILITIES 2,823,788
 Regular Reserve 527,071
 Other Reserves 75,000
 Undivided Earnings 512,074
  TOTAL EQUITY 1,114,145
  TOTAL LIABILITIES, SHARES, & EQUITY 3,937,933
INCOME & EXPENSE  
 Loan Income 108,048
 Investment Income 6,230
 Other Income 3,432
 Total Employee Compensation & Benefits 93,349
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 60,717
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,500
 Cost of Funds 682
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -35,053
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