Sep, 30, 2025 — SIKORSKY FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in STRATFORD, CT with 11 branch locations and about $1.34 billion in total assets. Opened 78 years ago in 1948, SIKORSKY FINANCIAL CREDIT UNION has about 67,405 members and employs 131 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SIKORSKY FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1000 Oronoque Ln STRATFORD, CT 06614-1394 |
| Phone: | (203) 377-2252 |
| Fax: | |
| Website: | https://www.sikorskycu.org |
| Branches: | 11 branch locations |
| Members: | 67,405 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68453 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,340,520,203 |
| CEO/Manager: | Vincent Ciambriello Jr. |
| Chairperson: | William F Schlenk |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 103,584,954 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 384,300 |
| Real Estate Loans | 826,911,382 |
| Unsecured Loans | 40,159,637 |
| Other Loans | 158,916,585 |
| TOTAL LOANS | 1,025,987,604 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,006,950 |
| Land And Building | 1,470,103 |
| Other Fixed Assets | 7,065,959 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,907,982 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,340,520,203 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 24 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,424,017 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 161,738,695 |
| Regular shares | 396,723,863 |
| All Other Shares & Deposits | 600,086,619 |
| TOTAL SHARES & DEPOSITS | 1,158,549,177 |
| TOTAL LIABILITIES | 1,169,973,218 |
| Regular Reserve | 0 |
| Other Reserves | 15,307,268 |
| Undivided Earnings | 155,239,717 |
| TOTAL EQUITY | 170,546,985 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,340,520,203 |
| INCOME & EXPENSE | |
| Loan Income | 36,874,667 |
| Investment Income | 9,502,694 |
| Other Income | 2,953,930 |
| Total Employee Compensation & Benefits | 12,546,055 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,659,273 |
| Non-operating Income & (Expense) | -42 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,265,933 |
| Cost of Funds | 13,971,357 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 13,185,613 |
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