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BRIDGEPORT POLICE FEDERAL CREDIT UNION

Dec, 31, 2021 — BRIDGEPORT POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in BRIDGEPORT, CT with 1 branch location and about $25.00 million in total assets. Opened 68 years ago in 1954, BRIDGEPORT POLICE FEDERAL CREDIT UNION has about 2,001 members and employs 6 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: 221173622
Name:BRIDGEPORT POLICE FEDERAL CREDIT UNION
Address:
(Main Office)
3590 Main St
BRIDGEPORT, CT 06606
Phone:(203) 374-6500
Fax:(203) 374-5665
Website:http://www.mybpfcu.org
Branches:1 branch locations
Members:2,001
Credit Union Type:Federal Credit Union
Charter Number:9582
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1954
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$24,999,513
CEO/Manager:Dawn Cuminotto
Chairperson:Frank Podpolucha

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 730,968
TOTAL INVESTMENTS 16,280,596
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 3,473,855
 Other Loans 4,196,508
 TOTAL LOANS 7,670,363
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -51,888
 Land And Building 107,408
 Other Fixed Assets 53,075
 NCUSIF Deposit 185,450
 All Other Assets 23,541
  TOTAL ASSETS 24,999,513
LIABILITIES & CAPITAL:  
 Dividends Payable 66
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 116,279
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,974,661
 Regular shares 16,909,614
 All Other Shares & Deposits 1,677,194
  TOTAL SHARES & DEPOSITS 21,561,469
  TOTAL LIABILITIES 21,677,814
 Regular Reserve 240,405
 Other Reserves 0
 Undivided Earnings 3,081,294
  TOTAL EQUITY 3,321,699
  TOTAL LIABILITIES, SHARES, & EQUITY 24,999,513
INCOME & EXPENSE  
 Loan Income 498,474
 Investment Income 126,661
 Other Income 134,669
 Total Employee Compensation & Benefits 419,750
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 308,886
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -10,000
 Cost of Funds 27,915
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 147,820
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