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360 FEDERAL CREDIT UNION

Mar, 31, 2022 — 360 FEDERAL CREDIT UNION is a federal credit union headquartered in WINDSOR LOCKS, CT with 5 branch locations and about $330.48 million in total assets. Opened 70 years ago in 1952, 360 FEDERAL CREDIT UNION has about 18,702 members and employs 62 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 211180133
Name:360 FEDERAL CREDIT UNION
Address:
(Main Office)
191 Ella Grasso Tpke
WINDSOR LOCKS, CT 06096-1026
Phone:(860) 627-4200
Fax:(860) 627-4224
Website:https://www.360fcu.org
Branches:5 branch locations
Members:18,702
Credit Union Type:Federal Credit Union
Charter Number:7723
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1952
Last Audited:Feb 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$330,482,864
CEO/Manager:Duane Crisco
Chairperson:Chinh Bui

Call Report

  • First Time Homebuyer Program
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 29,398,862
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 126,836,031
 Unsecured Loans 19,978,343
 Other Loans 37,580,995
 TOTAL LOANS 184,395,369
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,464,246
 Land And Building 4,040,289
 Other Fixed Assets 622,205
 NCUSIF Deposit 2,676,064
 All Other Assets 384,071
  TOTAL ASSETS 330,482,864
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,010,966
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 23,600,524
 Regular shares 224,986,553
 All Other Shares & Deposits 54,490,340
  TOTAL SHARES & DEPOSITS 303,077,417
  TOTAL LIABILITIES 307,088,383
 Regular Reserve 0
 Other Reserves 4,286,784
 Undivided Earnings 19,107,697
  TOTAL EQUITY 23,394,481
  TOTAL LIABILITIES, SHARES, & EQUITY 330,482,864
INCOME & EXPENSE  
 Loan Income 2,035,996
 Investment Income 153,975
 Other Income 230,727
 Total Employee Compensation & Benefits 1,322,760
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,264,983
 Non-operating Income & (Expense) 13,016
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 31,125
 Cost of Funds 83,448
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 715,417
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