Sep, 30, 2025 — REGIONAL WATER AUTHORITY EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in NEW HAVEN, CT with 1 branch location and about $5.83 million in total assets. Opened 71 years ago in 1955, REGIONAL WATER AUTHORITY EMPLOYEES CREDIT UNION has about 462 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | REGIONAL WATER AUTHORITY EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 90 Sargent Dr NEW HAVEN, CT 06511-5918 |
| Phone: | (203) 401-2750 |
| Fax: | (203) 624-9923 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 462 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66044 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,826,157 |
| CEO/Manager: | Sarah Bochicchio |
| Chairperson: | Marcel A Piekarski |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 215,595 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 186,335 |
| Unsecured Loans | 115,796 |
| Other Loans | 1,203,052 |
| TOTAL LOANS | 1,505,183 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,740 |
| Land And Building | 0 |
| Other Fixed Assets | 10 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 53,217 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,826,157 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 17,309 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 30,382 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,979,744 |
| All Other Shares & Deposits | 84,948 |
| TOTAL SHARES & DEPOSITS | 5,064,692 |
| TOTAL LIABILITIES | 5,112,383 |
| Regular Reserve | 0 |
| Other Reserves | 101,173 |
| Undivided Earnings | 612,601 |
| TOTAL EQUITY | 713,774 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,826,157 |
| INCOME & EXPENSE | |
| Loan Income | 55,241 |
| Investment Income | 73,638 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 57,595 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 23,662 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 47,421 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 201 |
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