Jun, 30, 2024 — FD COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in WATERBURY, CT with 2 branch locations and about $148.43 million in total assets. Opened 91 years ago in 1934, FD COMMUNITY FEDERAL CREDIT UNION has about 14,931 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FD COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 601 Watertown Ave WATERBURY, CT 06708 |
| Phone: | (203) 753-9201 |
| Fax: | (203) 756-6886 |
| Website: | https://www.fdcommunityfcu.org |
| Branches: | 2 branch locations |
| Members: | 14,931 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 42 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $148,431,707 |
| CEO/Manager: | Ann Marino |
| Chairperson: | Joseph DelBuono |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,805,926 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 46,091,409 |
| Unsecured Loans | 7,670,690 |
| Other Loans | 22,184,210 |
| TOTAL LOANS | 75,946,309 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -485,058 |
| Land And Building | 1,986,386 |
| Other Fixed Assets | 351,033 |
| NCUSIF Deposit | 1,261,402 |
| All Other Assets | 0 |
| TOTAL ASSETS | 148,431,707 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 744,948 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 23,652,998 |
| Regular shares | 80,964,853 |
| All Other Shares & Deposits | 30,385,823 |
| TOTAL SHARES & DEPOSITS | 135,003,674 |
| TOTAL LIABILITIES | 135,748,622 |
| Regular Reserve | 0 |
| Other Reserves | 2,056,058 |
| Undivided Earnings | 10,627,027 |
| TOTAL EQUITY | 12,683,085 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 148,431,707 |
| INCOME & EXPENSE | |
| Loan Income | 2,204,362 |
| Investment Income | 462,408 |
| Other Income | 939,089 |
| Total Employee Compensation & Benefits | 1,266,996 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,767,732 |
| Non-operating Income & (Expense) | -55,774 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 94,903 |
| Cost of Funds | 156,884 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,315,010 |
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