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STAMFORD POSTAL EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — STAMFORD POSTAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in STAMFORD, CT with 1 branch location and about $13.26 million in total assets. Opened 72 years ago in 1949, STAMFORD POSTAL EMPLOYEES FEDERAL CREDIT UNION has about 1,909 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:STAMFORD POSTAL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
2001 W. MAIN ST SUITE#165
STAMFORD, CT 06902
Phone:(203) 964-1229
Fax:(203) 357-8121
Website:http://www.spefcu.com
Branches:1 branch locations
Members:1,909
Credit Union Type:Federal Credit Union
Charter Number:6341
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1949
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$13,257,140
CEO/Manager:AURORA DOCIMO
Chairperson:BASIL VANECH

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,357,647
TOTAL INVESTMENTS 6,896,778
Loans Held for Sale 0
 
 Real Estate Loans 21,884
 Unsecured Loans 736,954
 Other Loans 1,214,243
 TOTAL LOANS 1,973,081
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,734
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 78,348
 All Other Assets 969,020
  TOTAL ASSETS 13,257,140
LIABILITIES & CAPITAL:  
 Dividends Payable 1,598
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,697
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,049,322
 Regular shares 7,692,777
 All Other Shares & Deposits 1,249,377
  TOTAL SHARES & DEPOSITS 9,991,476
  TOTAL LIABILITIES 9,997,771
 Regular Reserve 528,917
 Other Reserves 107,679
 Undivided Earnings 2,622,773
  TOTAL EQUITY 3,259,369
  TOTAL LIABILITIES, SHARES, & EQUITY 13,257,140
INCOME & EXPENSE  
 Loan Income 73,241
 Investment Income 59,746
 Other Income 52,476
 Total Employee Compensation & Benefits 95,793
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 101,380
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,000
 Cost of Funds 7,812
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -16,522
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