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GREATER HARTFORD POLICE FEDERAL CREDIT UNION

Sep, 30, 2022 — GREATER HARTFORD POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in HARTFORD, CT with 2 branch locations and about $41.63 million in total assets. Opened 73 years ago in 1950, GREATER HARTFORD POLICE FEDERAL CREDIT UNION has about 2,798 members and employs 8 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 HARTFORD POLICE FEDERAL CREDIT UNION
Address:
(Main Office)
253 High St
HARTFORD, CT 06103
Phone:(860) 522-0899
Fax:(860) 724-2268
Website:https://www.pcuct.org
Branches:2 branch locations
Members:2,798
Credit Union Type:Federal Credit Union
Charter Number:6628
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1950
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$41,634,588
CEO/Manager:Wendy J Tariff
Chairperson:Claudette Kosinski

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,573,492
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,414,824
 Unsecured Loans 7,073,717
 Other Loans 11,944,341
 TOTAL LOANS 22,987,453
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -171,384
 Land And Building 0
 Other Fixed Assets 36,822
 NCUSIF Deposit 359,118
 All Other Assets 0
  TOTAL ASSETS 41,634,588
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 816,396
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,538,347
 Regular shares 19,610,004
 All Other Shares & Deposits 11,432,001
  TOTAL SHARES & DEPOSITS 37,580,352
  TOTAL LIABILITIES 38,396,748
 Regular Reserve 0
 Other Reserves 203,946
 Undivided Earnings 3,033,894
  TOTAL EQUITY 3,237,840
  TOTAL LIABILITIES, SHARES, & EQUITY 41,634,588
INCOME & EXPENSE  
 Loan Income 896,033
 Investment Income 131,284
 Other Income 266,708
 Total Employee Compensation & Benefits 505,396
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 607,730
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -42,271
 Cost of Funds 58,424
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 275,315
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