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C S P EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2025 — C S P EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SOMERSVILLE, CT with 1 branch location and about $11.62 million in total assets. Opened 77 years ago in 1949, C S P EMPLOYEES FEDERAL CREDIT UNION has about 1,317 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:C S P EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 409
SOMERSVILLE, CT 06072
Phone:(860) 763-3591
Fax:(860) 763-3593
Website:https://www.cspempfcu.com
Branches:1 branch locations
Members:1,317
Credit Union Type:Federal Credit Union
Charter Number:6418
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1949
Last Audited:Sep 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$11,617,454
CEO/Manager:Christine A Apruzese
Chairperson:Mike Caron

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,107,156
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 829,723
 Other Loans 1,209,778
 TOTAL LOANS 2,039,501
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,133
 Land And Building 0
 Other Fixed Assets 24,652
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 101,122
 All Other Assets 0
  TOTAL ASSETS 11,617,454
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 18,070
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,097,406
 Regular shares 7,707,494
 All Other Shares & Deposits 636,651
  TOTAL SHARES & DEPOSITS 10,441,551
  TOTAL LIABILITIES 10,459,621
 Regular Reserve 0
 Other Reserves 256,102
 Undivided Earnings 901,731
  TOTAL EQUITY 1,157,833
  TOTAL LIABILITIES, SHARES, & EQUITY 11,617,454
INCOME & EXPENSE  
 Loan Income 80,628
 Investment Income 76,292
 Other Income 29,089
 Total Employee Compensation & Benefits 120,010
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 105,332
 Non-operating Income & (Expense) 32,040
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,650
 Cost of Funds 1,262
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -16,103
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