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National Credit Union Service Organization

NORTHEASTERN CT. HEALTH CARE CREDIT UNION

Sep, 30, 2025 — NORTHEASTERN CT. HEALTH CARE CREDIT UNION is a federally insured state chartered credit union headquartered in PUTNAM, CT with 2 branch locations and about $11.08 million in total assets. Opened 61 years ago in 1965, NORTHEASTERN CT. HEALTH CARE CREDIT UNION has about 1,774 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NORTHEASTERN CT. HEALTH CARE CREDIT UNION
Address:
(Main Office)
320 POMFRET ST
PUTNAM, CT 06260
Phone:(860) 928-2347
Fax:(860) 928-1885
Website:https://www.necthealthcarecreditunion.org/
Branches:2 branch locations
Members:1,774
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66057
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$11,080,738
CEO/Manager:Kathy Butremovic
Chairperson:Jane H Desrosiers

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 364,503
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 2,001,613
 Other Loans 3,077,556
 TOTAL LOANS 5,079,169
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -42,690
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 97,246
 All Other Assets 0
  TOTAL ASSETS 11,080,738
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 24,840
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 8,309,900
 All Other Shares & Deposits 1,281,896
  TOTAL SHARES & DEPOSITS 9,591,796
  TOTAL LIABILITIES 9,616,636
 Regular Reserve 0
 Other Reserves 212,488
 Undivided Earnings 1,251,614
  TOTAL EQUITY 1,464,102
  TOTAL LIABILITIES, SHARES, & EQUITY 11,080,738
INCOME & EXPENSE  
 Loan Income 194,361
 Investment Income 20,370
 Other Income 55,459
 Total Employee Compensation & Benefits 147,576
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 59,846
 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 6,652
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 47,116
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