Sep, 30, 2025 — COMMUNITY CREDIT UNION OF NEW MILFORD, INC. is a federally insured state chartered credit union headquartered in NEW MILFORD, CT with 2 branch locations and about $15.28 million in total assets. Opened 67 years ago in 1959, COMMUNITY CREDIT UNION OF NEW MILFORD, INC. has about 1,896 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNITY CREDIT UNION OF NEW MILFORD, INC. |
|---|---|
| Address: (Main Office) | 145C Danbury Rd NEW MILFORD, CT 06776 |
| Phone: | (860) 210-0777 |
| Fax: | (860) 210-0757 |
| Website: | https://www.ccunm.org |
| Branches: | 2 branch locations |
| Members: | 1,896 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61261 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $15,283,050 |
| CEO/Manager: | John Kmetz |
| Chairperson: | Martin Landgrebe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,446,735 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,844,146 |
| Unsecured Loans | 484,247 |
| Other Loans | 3,778,845 |
| TOTAL LOANS | 6,107,238 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,616 |
| Land And Building | 2,411 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 138,518 |
| All Other Assets | 0 |
| TOTAL ASSETS | 15,283,050 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -33,819 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,467,996 |
| Regular shares | 9,138,677 |
| All Other Shares & Deposits | 295,997 |
| TOTAL SHARES & DEPOSITS | 13,902,670 |
| TOTAL LIABILITIES | 13,868,851 |
| Regular Reserve | 0 |
| Other Reserves | 476,143 |
| Undivided Earnings | 938,056 |
| TOTAL EQUITY | 1,414,199 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 15,283,050 |
| INCOME & EXPENSE | |
| Loan Income | 296,728 |
| Investment Income | 219,099 |
| Other Income | 108,782 |
| Total Employee Compensation & Benefits | 219,922 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 212,371 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -5,206 |
| Cost of Funds | 18,230 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 183,504 |
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