GREATER WATERTOWN FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.greaterwatertown.com for more information.
Sep, 30, 2025 — GREATER WATERTOWN FEDERAL CREDIT UNION is a federal credit union headquartered in WATERTOWN, CT with 1 branch location and about $20.98 million in total assets. Opened 91 years ago in 1935, GREATER WATERTOWN FEDERAL CREDIT UNION has about 2,542 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: | GREATER WATERTOWN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 48 WOODRUFF AVE WATERTOWN, CT 06795 |
| Phone: | (860) 945-0611 |
| Fax: | (860) 274-6389 |
| Website: | https://www.greaterwatertown.com |
| Branches: | 1 branch locations |
| Members: | 2,542 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 660 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $20,982,036 |
| CEO/Manager: | Anne Healey |
| Chairperson: | Moosa Rafey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,139,455 |
| TOTAL INVESTMENTS | 12,560,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,271,126 |
| Unsecured Loans | 692,721 |
| Other Loans | 1,830,266 |
| TOTAL LOANS | 4,794,113 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -37,923 |
| Land And Building | 238,930 |
| Other Fixed Assets | 20,603 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 184,016 |
| All Other Assets | 82,842 |
| TOTAL ASSETS | 20,982,036 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 93 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,946 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,065,701 |
| Regular shares | 15,078,671 |
| All Other Shares & Deposits | 1,659,627 |
| TOTAL SHARES & DEPOSITS | 19,803,999 |
| TOTAL LIABILITIES | 19,822,038 |
| Regular Reserve | 175,292 |
| Other Reserves | -109,388 |
| Undivided Earnings | 1,094,094 |
| TOTAL EQUITY | 1,159,998 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 20,982,036 |
| INCOME & EXPENSE | |
| Loan Income | 130,282 |
| Investment Income | 49,915 |
| Other Income | 38,699 |
| Total Employee Compensation & Benefits | 197,877 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 136,573 |
| Non-operating Income & (Expense) | -1,040 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,192 |
| Cost of Funds | 1,041 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -109,388 |
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