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TRUMBULL CREDIT UNION

Mar, 31, 2022 — TRUMBULL CREDIT UNION is a federally insured state chartered credit union headquartered in TRUMBULL, CT with 1 branch location and about $3.69 million in total assets. Opened 48 years ago in 1974, TRUMBULL CREDIT UNION has about 480 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 Rd
TRUMBULL, CT 06611-3820
Phone:(203) 452-5095
Fax:(203) 452-5110
Website:n/a
Branches:1 branch locations
Members:480
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$3,687,457
CEO/Manager:Ross Murray
Chairperson:Paul J Gorman

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,235,644
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 394,303
 Unsecured Loans 99,265
 Other Loans 400,964
 TOTAL LOANS 894,532
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,453
 Land And Building 0
 Other Fixed Assets 472
 NCUSIF Deposit 34,042
 All Other Assets 0
  TOTAL ASSETS 3,687,457
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,304
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,361,482
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,361,482
  TOTAL LIABILITIES 3,364,786
 Regular Reserve 0
 Other Reserves 68,483
 Undivided Earnings 254,188
  TOTAL EQUITY 322,671
  TOTAL LIABILITIES, SHARES, & EQUITY 3,687,457
INCOME & EXPENSE  
 Loan Income 7,951
 Investment Income 1,180
 Other Income 9,265
 Total Employee Compensation & Benefits 14,183
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,004
 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) -1,791
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