Sep, 30, 2025 — FINEX CREDIT UNION is a federally insured state chartered credit union headquartered in EAST HARTFORD, CT with 4 branch locations and about $134.08 million in total assets. Opened 88 years ago in 1938, FINEX CREDIT UNION has about 16,582 members and employs 33 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FINEX CREDIT UNION |
|---|---|
| Address: (Main Office) | 616 Burnside Ave EAST HARTFORD, CT 06108 |
| Phone: | (860) 282-0001 |
| Fax: | (860) 528-8925 |
| Website: | https://www.finexcu.org |
| Branches: | 4 branch locations |
| Members: | 16,582 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68662 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $134,078,414 |
| CEO/Manager: | Joseph Bartolotta |
| Chairperson: | Anthony Homicki |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,577,758 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 824,425 |
| Real Estate Loans | 54,746,263 |
| Unsecured Loans | 6,222,516 |
| Other Loans | 34,842,562 |
| TOTAL LOANS | 95,811,341 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,887,133 |
| Land And Building | 2,789,309 |
| Other Fixed Assets | 583,885 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,082,899 |
| All Other Assets | 0 |
| TOTAL ASSETS | 134,078,414 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,135,731 |
| Accounts Payable & Other Liabilities | 3,247,567 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 31,114,341 |
| Regular shares | 52,589,243 |
| All Other Shares & Deposits | 34,157,723 |
| TOTAL SHARES & DEPOSITS | 117,861,307 |
| TOTAL LIABILITIES | 122,244,605 |
| Regular Reserve | 0 |
| Other Reserves | 6,043,436 |
| Undivided Earnings | 5,790,373 |
| TOTAL EQUITY | 11,833,809 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 134,078,414 |
| INCOME & EXPENSE | |
| Loan Income | 4,243,357 |
| Investment Income | 677,247 |
| Other Income | 1,017,230 |
| Total Employee Compensation & Benefits | 2,630,882 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,270,006 |
| Non-operating Income & (Expense) | -31,214 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,168,510 |
| Cost of Funds | 951,820 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -696,004 |
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