Mar, 31, 2022 — CENCAP FEDERAL CREDIT UNION is a federal credit union headquartered in HARTFORD, CT with 3 branch locations and about $46.17 million in total assets. Opened 72 years ago in 1950, CENCAP FEDERAL CREDIT UNION has about 9,563 members and employs 19 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: | http://www.cencap.com |
| Branches: | 3 branch locations |
| Members: | 9,563 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $46,169,121 |
| CEO/Manager: | Erika Brown |
| Chairperson: | Ken Kennedy, Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,290,734 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,952,255 |
| Unsecured Loans | 7,758,693 |
| Other Loans | 13,106,043 |
| TOTAL LOANS | 26,816,991 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -391,126 |
| Land And Building | 420,576 |
| Other Fixed Assets | 250,075 |
| NCUSIF Deposit | 425,956 |
| All Other Assets | 0 |
| TOTAL ASSETS | 46,169,121 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 62,583 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,366,297 |
| Regular shares | 21,838,448 |
| All Other Shares & Deposits | 14,106,714 |
| TOTAL SHARES & DEPOSITS | 43,311,459 |
| TOTAL LIABILITIES | 43,374,042 |
| Regular Reserve | 0 |
| Other Reserves | 1,287,262 |
| Undivided Earnings | 1,507,817 |
| TOTAL EQUITY | 2,795,079 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 46,169,121 |
| INCOME & EXPENSE | |
| Loan Income | 439,705 |
| Investment Income | 9,670 |
| Other Income | 270,942 |
| Total Employee Compensation & Benefits | 302,042 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 310,069 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -35,993 |
| Cost of Funds | 15,264 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 152,068 |
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