Sep, 30, 2022 — NEW HAVEN COUNTY CREDIT UNION is a federally insured state chartered credit union headquartered in NORTH HAVEN, CT with 3 branch locations and about $26.73 million in total assets. Opened 60 years ago in 1963, NEW HAVEN COUNTY CREDIT UNION has about 3,195 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEW HAVEN COUNTY CREDIT UNION |
|---|---|
| Address: (Main Office) | 2 Broadway NORTH HAVEN, CT 06473 |
| Phone: | (203) 234-8773 |
| Fax: | (203) 234-8871 |
| Website: | https://www.nhccu.com |
| Branches: | 3 branch locations |
| Members: | 3,195 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65809 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $26,731,358 |
| CEO/Manager: | Christopher Marone |
| Chairperson: | William A Wollman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,035,610 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,434,325 |
| Unsecured Loans | 1,082,404 |
| Other Loans | 4,714,852 |
| TOTAL LOANS | 13,266,033 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -56,858 |
| Land And Building | 0 |
| Other Fixed Assets | 92,285 |
| NCUSIF Deposit | 248,125 |
| All Other Assets | 0 |
| TOTAL ASSETS | 26,731,358 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 147,886 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,578,889 |
| Regular shares | 15,505,498 |
| All Other Shares & Deposits | 2,720,734 |
| TOTAL SHARES & DEPOSITS | 24,805,121 |
| TOTAL LIABILITIES | 24,953,007 |
| Regular Reserve | 0 |
| Other Reserves | 979,263 |
| Undivided Earnings | 799,088 |
| TOTAL EQUITY | 1,778,351 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 26,731,358 |
| INCOME & EXPENSE | |
| Loan Income | 519,792 |
| Investment Income | 80,726 |
| Other Income | 254,755 |
| Total Employee Compensation & Benefits | 308,808 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 419,128 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 47,551 |
| Cost of Funds | 281 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 180,480 |
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