Sep, 30, 2025 — NORTHWEST HILLS CREDIT UNION is a federally insured state chartered credit union headquartered in TORRINGTON, CT with 2 branch locations and about $50.65 million in total assets. Opened 72 years ago in 1954, NORTHWEST HILLS CREDIT UNION has about 3,721 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHWEST HILLS CREDIT UNION |
|---|---|
| Address: (Main Office) | 339 N Elm St TORRINGTON, CT 06790 |
| Phone: | (860) 496-7326 |
| Fax: | (860) 489-4486 |
| Website: | https://www.nwhcu.com |
| Branches: | 2 branch locations |
| Members: | 3,721 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65803 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $50,652,449 |
| CEO/Manager: | Christopher Mastroni |
| Chairperson: | Steven Chenail |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,799,739 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,999,789 |
| Unsecured Loans | 2,412,138 |
| Other Loans | 13,409,088 |
| TOTAL LOANS | 24,821,015 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -217,479 |
| Land And Building | 613,084 |
| Other Fixed Assets | 162,744 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 393,074 |
| All Other Assets | 0 |
| TOTAL ASSETS | 50,652,449 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 74,375 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,148,269 |
| Regular shares | 23,358,967 |
| All Other Shares & Deposits | 13,357,254 |
| TOTAL SHARES & DEPOSITS | 45,864,488 |
| TOTAL LIABILITIES | 45,938,863 |
| Regular Reserve | 0 |
| Other Reserves | 1,117,992 |
| Undivided Earnings | 3,595,594 |
| TOTAL EQUITY | 4,713,586 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 50,652,449 |
| INCOME & EXPENSE | |
| Loan Income | 1,114,264 |
| Investment Income | 711,751 |
| Other Income | 194,381 |
| Total Employee Compensation & Benefits | 483,782 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 650,003 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 53,139 |
| Cost of Funds | 307,358 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 546,624 |
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