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CURTIS FEDERAL CREDIT UNION

Dec, 31, 2023 — CURTIS FEDERAL CREDIT UNION is a federal credit union headquartered in SANDY HOOK, CT with 1 branch location and about $313,478 in total assets. Opened 55 years ago in 1969, CURTIS FEDERAL CREDIT UNION has about 88 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CURTIS FEDERAL CREDIT UNION
Address:
(Main Office)
44 Berkshire Rd
SANDY HOOK, CT 06482
Phone:(203) 426-5861
Fax:(203) 426-2684
Website:n/a
Branches:1 branch locations
Members:88
Credit Union Type:Federal Credit Union
Charter Number:19665
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1969
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$313,478
CEO/Manager:Pamela J Michel
Chairperson:Michael D'Amico

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 43,479
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 33,327
 Other Loans 21,950
 TOTAL LOANS 55,277
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,718
 Land And Building 0
 Other Fixed Assets 1,092
 NCUSIF Deposit 2,848
 All Other Assets 0
  TOTAL ASSETS 313,478
LIABILITIES & CAPITAL:  
 Dividends Payable 64
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 241,144
 All Other Shares & Deposits 11,290
  TOTAL SHARES & DEPOSITS 252,434
  TOTAL LIABILITIES 252,498
 Regular Reserve 0
 Other Reserves 16,546
 Undivided Earnings 44,434
  TOTAL EQUITY 60,980
  TOTAL LIABILITIES, SHARES, & EQUITY 313,478
INCOME & EXPENSE  
 Loan Income 5,832
 Investment Income 8,124
 Other Income 32
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,364
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 16,000
 Cost of Funds 823
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -9,997
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