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STATE POLICE CREDIT UNION INC.

Jun, 30, 2023 — STATE POLICE CREDIT UNION INC. is a federally insured state chartered credit union headquartered in MERIDEN, CT with 2 branch locations and about $80.92 million in total assets. Opened 64 years ago in 1960, STATE POLICE CREDIT UNION INC. has about 3,036 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 211977207
Name:STATE POLICE CREDIT UNION INC.
Address:
(Main Office)
321 Research Pkwy Ste 202
MERIDEN, CT 06450
Phone:(800) 310-7728
Fax:(203) 237-2119
Website:https://www.cspcu.org
Branches:2 branch locations
Members:3,036
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60048
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$80,916,517
CEO/Manager:Cynthia Graham
Chairperson:Robert Grega

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,756,253
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 18,091,622
 Unsecured Loans 1,369,698
 Other Loans 1,384,968
 TOTAL LOANS 20,846,288
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -137,915
 Land And Building 0
 Other Fixed Assets 5,302
 NCUSIF Deposit 612,633
 All Other Assets 0
  TOTAL ASSETS 80,916,517
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,130,622
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,114,244
 Regular shares 43,098,918
 All Other Shares & Deposits 17,419,304
  TOTAL SHARES & DEPOSITS 69,632,466
  TOTAL LIABILITIES 70,763,088
 Regular Reserve 0
 Other Reserves 202,878
 Undivided Earnings 9,950,551
  TOTAL EQUITY 10,153,429
  TOTAL LIABILITIES, SHARES, & EQUITY 80,916,517
INCOME & EXPENSE  
 Loan Income 551,573
 Investment Income 636,243
 Other Income 76,896
 Total Employee Compensation & Benefits 535,062
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 468,815
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 20,000
 Cost of Funds 99,716
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 395,415
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