Sep, 30, 2025 — WESTPORT FEDERAL CREDIT UNION is a federal credit union headquartered in WESTPORT, MA with 1 branch location and about $81.13 million in total assets. Opened 74 years ago in 1952, WESTPORT FEDERAL CREDIT UNION has about 6,289 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WESTPORT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 655 State Rd WESTPORT, MA 02790 |
| Phone: | (508) 679-0197 |
| Fax: | (508) 678-6605 |
| Website: | https://www.westport.org |
| Branches: | 1 branch locations |
| Members: | 6,289 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7652 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $81,127,546 |
| CEO/Manager: | Mathew Aguiar |
| Chairperson: | Antonio Cestodio |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,889,792 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 27,730,342 |
| Unsecured Loans | 1,173,893 |
| Other Loans | 8,819,388 |
| TOTAL LOANS | 37,723,623 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -120,495 |
| Land And Building | 10,000 |
| Other Fixed Assets | 361,681 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 612,284 |
| All Other Assets | 0 |
| TOTAL ASSETS | 81,127,546 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 88 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 229,701 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,291,032 |
| Regular shares | 35,443,152 |
| All Other Shares & Deposits | 22,853,247 |
| TOTAL SHARES & DEPOSITS | 73,587,431 |
| TOTAL LIABILITIES | 73,823,288 |
| Regular Reserve | 0 |
| Other Reserves | -125,090 |
| Undivided Earnings | 7,429,348 |
| TOTAL EQUITY | 7,304,258 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 81,127,546 |
| INCOME & EXPENSE | |
| Loan Income | 1,300,933 |
| Investment Income | 1,221,606 |
| Other Income | 224,394 |
| Total Employee Compensation & Benefits | 738,050 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 943,661 |
| Non-operating Income & (Expense) | 34,088 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 46,011 |
| Cost of Funds | 460,129 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 606,997 |
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