Mar, 31, 2022 — 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 $7.18 million in total assets. Opened 67 years ago in 1955, REGIONAL WATER AUTHORITY EMPLOYEES CREDIT UNION has about 477 members and employs 3 full and part-time employees 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 |
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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: | 477 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66044 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $7,179,991 |
CEO/Manager: | Sarah Bochicchio |
Chairperson: | Marcel A Piekarski |
ASSETS: | $ Amount |
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Cash & Equivalents | 290,277 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 130,095 |
Unsecured Loans | 72,988 |
Other Loans | 896,850 |
TOTAL LOANS | 1,099,933 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -28,990 |
Land And Building | 0 |
Other Fixed Assets | 10 |
NCUSIF Deposit | 57,466 |
All Other Assets | 0 |
TOTAL ASSETS | 7,179,991 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 3,871 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 24,865 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 6,255,654 |
All Other Shares & Deposits | 182,681 |
TOTAL SHARES & DEPOSITS | 6,438,335 |
TOTAL LIABILITIES | 6,467,071 |
Regular Reserve | 0 |
Other Reserves | 101,173 |
Undivided Earnings | 611,747 |
TOTAL EQUITY | 712,920 |
TOTAL LIABILITIES, SHARES, & EQUITY | 7,179,991 |
INCOME & EXPENSE | |
Loan Income | 8,331 |
Investment Income | 17,232 |
Other Income | 0 |
Total Employee Compensation & Benefits | 18,647 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 16,699 |
Non-operating Income & (Expense) | 13,704 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 3,871 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 50 |
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