Sep, 30, 2025 — METROPOLITAN DISTRICT EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in HARTFORD, CT with 1 branch location and about $33.62 million in total assets. Opened 71 years ago in 1955, METROPOLITAN DISTRICT EMPLOYEES CREDIT UNION has about 1,878 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | METROPOLITAN DISTRICT EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 250 MURPHY RD HARTFORD, CT 06114 |
| Phone: | (860) 560-9036 |
| Fax: | (860) 560-9036 |
| Website: | https://www.mdecu.org |
| Branches: | 1 branch locations |
| Members: | 1,878 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65817 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,623,983 |
| CEO/Manager: | Karen L Viets |
| Chairperson: | Robert Facey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 272,428 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,816,337 |
| Unsecured Loans | 1,756,012 |
| Other Loans | 5,035,706 |
| TOTAL LOANS | 17,608,055 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -194,828 |
| Land And Building | 1,024,093 |
| Other Fixed Assets | 90,056 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 261,575 |
| All Other Assets | 0 |
| TOTAL ASSETS | 33,623,983 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 279,050 |
| Accounts Payable & Other Liabilities | 96,336 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,215,727 |
| Regular shares | 12,977,083 |
| All Other Shares & Deposits | 14,400,772 |
| TOTAL SHARES & DEPOSITS | 29,593,582 |
| TOTAL LIABILITIES | 29,968,968 |
| Regular Reserve | 0 |
| Other Reserves | 706,557 |
| Undivided Earnings | 2,948,458 |
| TOTAL EQUITY | 3,655,015 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,623,983 |
| INCOME & EXPENSE | |
| Loan Income | 700,973 |
| Investment Income | 341,888 |
| Other Income | 54,444 |
| Total Employee Compensation & Benefits | 336,975 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 400,515 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,000 |
| Cost of Funds | 315,190 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 92,208 |
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