Sep, 30, 2025 — DUTCH POINT CREDIT UNION is a federally insured state chartered credit union headquartered in WETHERSFIELD, CT with 9 branch locations and about $529.58 million in total assets. Opened 66 years ago in 1960, DUTCH POINT CREDIT UNION has about 24,392 members and employs 72 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DUTCH POINT CREDIT UNION |
|---|---|
| Address: (Main Office) | 195 Silas Deane Hwy WETHERSFIELD, CT 06109-1240 |
| Phone: | (860) 563-2617 |
| Fax: | (860) 529-6827 |
| Website: | https://www.dutchpoint.org |
| Branches: | 9 branch locations |
| Members: | 24,392 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60457 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $529,582,657 |
| CEO/Manager: | Charlyn Tanner |
| Chairperson: | Michael E Curtin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 58,475,553 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 184,577,516 |
| Unsecured Loans | 25,093,456 |
| Other Loans | 74,896,603 |
| TOTAL LOANS | 284,567,576 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,180,242 |
| Land And Building | 5,355,057 |
| Other Fixed Assets | 1,102,802 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,286,681 |
| All Other Assets | 0 |
| TOTAL ASSETS | 529,582,657 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 589,439 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,994,030 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 68,603,460 |
| Regular shares | 129,403,772 |
| All Other Shares & Deposits | 271,020,491 |
| TOTAL SHARES & DEPOSITS | 469,027,724 |
| TOTAL LIABILITIES | 473,611,193 |
| Regular Reserve | 0 |
| Other Reserves | 6,940,848 |
| Undivided Earnings | 49,030,616 |
| TOTAL EQUITY | 55,971,464 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 529,582,657 |
| INCOME & EXPENSE | |
| Loan Income | 11,131,626 |
| Investment Income | 6,470,909 |
| Other Income | 1,683,605 |
| Total Employee Compensation & Benefits | 5,271,446 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,553,022 |
| Non-operating Income & (Expense) | 195,460 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 675,984 |
| Cost of Funds | 6,299,341 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,459,644 |
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