Sep, 30, 2025 — MUTUAL SECURITY CREDIT UNION is a federally insured state chartered credit union headquartered in SHELTON, CT with 9 branch locations and about $358.77 million in total assets. Opened 44 years ago in 1982, MUTUAL SECURITY CREDIT UNION has about 26,388 members and employs 78 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MUTUAL SECURITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1000 Bridgeport Ave Ste 503 SHELTON, CT 06484-4602 |
| Phone: | (203) 402-7400 |
| Fax: | (203) 402-7410 |
| Website: | https://www.mscu.net |
| Branches: | 9 branch locations |
| Members: | 26,388 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68479 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1982 |
| Last Audited: | Jul 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $358,766,301 |
| CEO/Manager: | Henry Baum |
| Chairperson: | BRUCE M LIKLY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,859,350 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 195,311,443 |
| Unsecured Loans | 36,896,196 |
| Other Loans | 83,034,538 |
| TOTAL LOANS | 315,242,176 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,424,908 |
| Land And Building | 3,693,079 |
| Other Fixed Assets | 1,501,385 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,868,266 |
| All Other Assets | 9,575 |
| TOTAL ASSETS | 358,766,301 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 5,000,000 |
| Accounts Payable & Other Liabilities | 5,738,379 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 57,480,280 |
| Regular shares | 89,768,405 |
| All Other Shares & Deposits | 168,423,852 |
| TOTAL SHARES & DEPOSITS | 315,672,538 |
| TOTAL LIABILITIES | 326,410,917 |
| Regular Reserve | 0 |
| Other Reserves | 371,701 |
| Undivided Earnings | 31,983,683 |
| TOTAL EQUITY | 32,355,384 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 358,766,301 |
| INCOME & EXPENSE | |
| Loan Income | 12,501,966 |
| Investment Income | 752,125 |
| Other Income | 2,010,654 |
| Total Employee Compensation & Benefits | 5,924,619 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,009,764 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 667,812 |
| Cost of Funds | 3,729,608 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 829,095 |
| ↑ Back to Top | |