Sep, 30, 2025 — SKYLINE FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in WATERBURY, CT with 1 branch location and about $44.61 million in total assets. Opened 91 years ago in 1935, SKYLINE FINANCIAL FEDERAL CREDIT UNION has about 3,837 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SKYLINE FINANCIAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3528 E Main St WATERBURY, CT 06705 |
| Phone: | (203) 755-2030 |
| Fax: | (203) 578-3079 |
| Website: | https://www.skylinefinancialfcu.com |
| Branches: | 1 branch locations |
| Members: | 3,837 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 452 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $44,611,779 |
| CEO/Manager: | James Higgins |
| Chairperson: | Dennis Barrett |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 463,991 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,337,552 |
| Unsecured Loans | 3,141,798 |
| Other Loans | 11,982,920 |
| TOTAL LOANS | 31,462,271 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,762 |
| Land And Building | 0 |
| Other Fixed Assets | 54,066 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 346,709 |
| All Other Assets | 0 |
| TOTAL ASSETS | 44,611,779 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 447,963 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,087,138 |
| Regular shares | 18,345,064 |
| All Other Shares & Deposits | 16,596,053 |
| TOTAL SHARES & DEPOSITS | 41,028,254 |
| TOTAL LIABILITIES | 41,476,217 |
| Regular Reserve | 0 |
| Other Reserves | 871,466 |
| Undivided Earnings | 2,264,096 |
| TOTAL EQUITY | 3,135,562 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 44,611,779 |
| INCOME & EXPENSE | |
| Loan Income | 1,280,859 |
| Investment Income | 215,048 |
| Other Income | 153,574 |
| Total Employee Compensation & Benefits | 634,371 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 758,590 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,879 |
| Cost of Funds | 253,837 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 99,080 |
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