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TRUMBULL CREDIT UNION

Jun, 30, 2021 — TRUMBULL CREDIT UNION is a federally insured state chartered credit union headquartered in Trumbull, CT with 1 branch location and about $3.90 million in total assets. Opened 47 years ago in 1974, TRUMBULL CREDIT UNION has about 496 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TRUMBULL CREDIT UNION
Address:
(Main Office)
366 Church Hill Road
Trumbull, CT 06611-3820
Phone:(203) 452-5095
Fax:(203) 452-5110
Website:n/a
Branches:1 branch locations
Members:496
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61838
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1974
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,896,601
CEO/Manager:Ross Murray
Chairperson:Paul J Gorman

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,182,344
TOTAL INVESTMENTS 921,765
Loans Held for Sale 0
 
 Real Estate Loans 342,730
 Unsecured Loans 136,244
 Other Loans 281,834
 TOTAL LOANS 760,808
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,514
 Land And Building 0
 Other Fixed Assets 472
 NCUSIF Deposit 34,682
 All Other Assets 7,044
  TOTAL ASSETS 3,896,601
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,025
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,548,025
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,548,025
  TOTAL LIABILITIES 3,552,050
 Regular Reserve 68,484
 Other Reserves 0
 Undivided Earnings 276,067
  TOTAL EQUITY 344,551
  TOTAL LIABILITIES, SHARES, & EQUITY 3,896,601
INCOME & EXPENSE  
 Loan Income 19,343
 Investment Income 4,910
 Other Income 0
 Total Employee Compensation & Benefits 26,601
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 8,957
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -11,305
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