Sep, 30, 2025 — CENCAP FEDERAL CREDIT UNION is a federal credit union headquartered in HARTFORD, CT with 2 branch locations and about $33.37 million in total assets. Opened 76 years ago in 1950, CENCAP FEDERAL CREDIT UNION has about 7,955 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CENCAP FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 443 FRANKLIN AVE HARTFORD, CT 06114 |
| Phone: | (860) 722-8110 |
| Fax: | (860) 296-8981 |
| Website: | https://www.cencap.com |
| Branches: | 2 branch locations |
| Members: | 7,955 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6733 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,373,296 |
| CEO/Manager: | Al Festini |
| Chairperson: | Ken Kennedy, Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,637,028 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,388,966 |
| Unsecured Loans | 5,963,162 |
| Other Loans | 8,741,026 |
| TOTAL LOANS | 24,093,154 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -306,848 |
| Land And Building | 259,510 |
| Other Fixed Assets | 71,061 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 342,631 |
| All Other Assets | 0 |
| TOTAL ASSETS | 33,373,296 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 144,146 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,864,853 |
| Regular shares | 18,241,817 |
| All Other Shares & Deposits | 7,056,346 |
| TOTAL SHARES & DEPOSITS | 32,163,017 |
| TOTAL LIABILITIES | 32,307,163 |
| Regular Reserve | 0 |
| Other Reserves | 977,559 |
| Undivided Earnings | 88,574 |
| TOTAL EQUITY | 1,066,133 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,373,296 |
| INCOME & EXPENSE | |
| Loan Income | 1,226,575 |
| Investment Income | 329,014 |
| Other Income | 817,744 |
| Total Employee Compensation & Benefits | 1,220,247 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,948,247 |
| Non-operating Income & (Expense) | 42,796 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -111,361 |
| Cost of Funds | 102,789 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -701,029 |
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