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BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION

Jun, 30, 2021 — BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION is a federal credit union headquartered in Bridgeport, CT with 1 branch location and about $4.16 million in total assets. Opened 81 years ago in 1940, BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION has about 606 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)
P.O. Box 349
Bridgeport, CT 06601
Phone:(203) 367-4518
Fax:(203) 335-4748
Website:http://www.bptpofcu.org
Branches:1 branch locations
Members:606
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$4,162,664
CEO/Manager:Ross Murray
Chairperson:Doug Carey

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,454,539
TOTAL INVESTMENTS 1,368,101
Loans Held for Sale 0
 
 Real Estate Loans 6,129
 Unsecured Loans 1,048,283
 Other Loans 256,825
 TOTAL LOANS 1,311,237
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,774
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 30,772
 All Other Assets 21,789
  TOTAL ASSETS 4,162,664
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,454
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 75,127
 Regular shares 2,824,806
 All Other Shares & Deposits 123,579
  TOTAL SHARES & DEPOSITS 3,023,512
  TOTAL LIABILITIES 3,028,966
 Regular Reserve 527,071
 Other Reserves 75,000
 Undivided Earnings 531,627
  TOTAL EQUITY 1,133,698
  TOTAL LIABILITIES, SHARES, & EQUITY 4,162,664
INCOME & EXPENSE  
 Loan Income 53,348
 Investment Income 4,098
 Other Income 1,642
 Total Employee Compensation & Benefits 43,920
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 30,567
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,500
 Cost of Funds 540
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 171,134
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