Mar, 31, 2021 — BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION is a federal credit union headquartered in Bridgeport, CT with 1 branch location and about $4.21 million in total assets. Opened 81 years ago in 1940, BRIDGEPORT POST OFFICE FEDERAL CREDIT UNION has about 603 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: | 603 |
| 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: | $4,209,469 |
| CEO/Manager: | Ross Murray |
| Chairperson: | Doug Carey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,494,614 |
| TOTAL INVESTMENTS | 1,367,701 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,333 |
| Unsecured Loans | 1,073,728 |
| Other Loans | 247,022 |
| TOTAL LOANS | 1,328,083 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -36,256 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 26,960 |
| All Other Assets | 28,367 |
| TOTAL ASSETS | 4,209,469 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,131 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 83,600 |
| Regular shares | 2,807,674 |
| All Other Shares & Deposits | 165,830 |
| TOTAL SHARES & DEPOSITS | 3,057,104 |
| TOTAL LIABILITIES | 3,064,235 |
| Regular Reserve | 527,071 |
| Other Reserves | 75,000 |
| Undivided Earnings | 543,163 |
| TOTAL EQUITY | 1,145,234 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,209,469 |
| INCOME & EXPENSE | |
| Loan Income | 27,304 |
| Investment Income | 2,619 |
| Other Income | 1,018 |
| Total Employee Compensation & Benefits | 19,571 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 14,254 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,500 |
| Cost of Funds | 467 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -3,966 |
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