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NEW HAVEN COUNTY CREDIT UNION

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.


ABA Routing Number: 211178103
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

Call Report

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Financial Summary

» See also Statement of Financial Condition
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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