Sep, 30, 2025 — KIEF PROTECTIVE MUTUAL BENEFIT ASS. CREDIT UNION is a federally insured state chartered credit union headquartered in BLOOMFIELD, CT with 1 branch location and about $685,687 in total assets. Opened 81 years ago in 1945, KIEF PROTECTIVE MUTUAL BENEFIT ASS. CREDIT UNION has about 109 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KIEF PROTECTIVE MUTUAL BENEFIT ASS. CREDIT UNION |
|---|---|
| Address: (Main Office) | 701 Cottage Grove Rd Ste E230 BLOOMFIELD, CT 06002-4211 |
| Phone: | (860) 242-3700 |
| Fax: | (860) 242-3700 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 109 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61265 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1945 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $685,687 |
| CEO/Manager: | Nestor F Palacio |
| Chairperson: | Brook Jason |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 126,348 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,416 |
| Unsecured Loans | 144,313 |
| Other Loans | 167,740 |
| TOTAL LOANS | 315,469 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,905 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,292 |
| All Other Assets | 0 |
| TOTAL ASSETS | 685,687 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,511 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 544,135 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 544,135 |
| TOTAL LIABILITIES | 546,646 |
| Regular Reserve | 0 |
| Other Reserves | 139,041 |
| Undivided Earnings | 0 |
| TOTAL EQUITY | 139,041 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 685,687 |
| INCOME & EXPENSE | |
| Loan Income | 15,652 |
| Investment Income | 7,488 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 12,159 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,557 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,944 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -3,520 |
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