Jun, 30, 2024 — SCIENCE PARK FEDERAL CREDIT UNION is a federal credit union headquartered in NEW HAVEN, CT with 1 branch location and about $3.97 million in total assets. Opened 85 years ago in 1940, SCIENCE PARK FEDERAL CREDIT UNION has about 733 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SCIENCE PARK FEDERAL CREDIT UNION |
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Address: (Main Office) | 2 Amity Rd NEW HAVEN, CT 06515 |
Phone: | (203) 786-5885 |
Fax: | (203) 786-5886 |
Website: | https://scienceparkfcu.org |
Branches: | 1 branch locations |
Members: | 733 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3790 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1940 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,970,750 |
CEO/Manager: | Michelle Poudrier |
Chairperson: | Carl Lambert |
ASSETS: | $ Amount |
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Cash & Equivalents | 790,094 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,788 |
Unsecured Loans | 342,052 |
Other Loans | 1,905,771 |
TOTAL LOANS | 2,252,611 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,686 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 31,154 |
All Other Assets | 0 |
TOTAL ASSETS | 3,970,750 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 173 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,538 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 236,731 |
Regular shares | 2,545,337 |
All Other Shares & Deposits | 413,968 |
TOTAL SHARES & DEPOSITS | 3,196,036 |
TOTAL LIABILITIES | 3,200,747 |
Regular Reserve | 0 |
Other Reserves | 202,364 |
Undivided Earnings | 567,639 |
TOTAL EQUITY | 770,003 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,970,750 |
INCOME & EXPENSE | |
Loan Income | 95,912 |
Investment Income | 4,973 |
Other Income | 10,170 |
Total Employee Compensation & Benefits | 69,757 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 80,843 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,462 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -9,036 |
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