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STATE POLICE CREDIT UNION INC.

Mar, 31, 2022 — STATE POLICE CREDIT UNION INC. is a federally insured state chartered credit union headquartered in MERIDEN, CT with 2 branch locations and about $79.85 million in total assets. Opened 62 years ago in 1960, STATE POLICE CREDIT UNION INC. has about 3,063 members and employs 7 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:http://www.cspcu.org
Branches:2 branch locations
Members:3,063
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:$79,850,574
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 3,583,032
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 17,196,730
 Unsecured Loans 1,380,042
 Other Loans 1,392,461
 TOTAL LOANS 19,969,233
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -131,727
 Land And Building 0
 Other Fixed Assets 8,084
 NCUSIF Deposit 597,909
 All Other Assets 0
  TOTAL ASSETS 79,850,574
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,182,957
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,175,473
 Regular shares 42,264,322
 All Other Shares & Deposits 16,766,006
  TOTAL SHARES & DEPOSITS 68,205,801
  TOTAL LIABILITIES 69,388,758
 Regular Reserve 0
 Other Reserves 758,694
 Undivided Earnings 9,703,122
  TOTAL EQUITY 10,461,816
  TOTAL LIABILITIES, SHARES, & EQUITY 79,850,574
INCOME & EXPENSE  
 Loan Income 178,210
 Investment Income 200,601
 Other Income 24,962
 Total Employee Compensation & Benefits 169,541
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 151,549
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 29,365
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 167,986
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