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GREATER HARTFORD POLICE FEDERAL CREDIT UNION

Dec, 31, 2023 — GREATER HARTFORD POLICE FEDERAL CREDIT UNION is a federal credit union headquartered in HARTFORD, CT with 2 branch locations and about $39.28 million in total assets. Opened 74 years ago in 1950, GREATER HARTFORD POLICE FEDERAL CREDIT UNION has about 2,838 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GREATER HARTFORD POLICE FEDERAL CREDIT UNION
Address:
(Main Office)
253 High St
HARTFORD, CT 06103
Phone:(860) 522-0899
Fax:(860) 724-2268
Website:https://pcuct.org
Branches:2 branch locations
Members:2,838
Credit Union Type:Federal Credit Union
Charter Number:6628
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1950
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$39,277,037
CEO/Manager:Wendy J Tariff
Chairperson:Claudette Kosinski

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 767,187
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,414,057
 Unsecured Loans 7,236,939
 Other Loans 14,130,035
 TOTAL LOANS 27,515,955
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -163,526
 Land And Building 0
 Other Fixed Assets 61,045
 NCUSIF Deposit 334,509
 All Other Assets 0
  TOTAL ASSETS 39,277,037
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 802,315
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,442,649
 Regular shares 15,988,617
 All Other Shares & Deposits 12,554,668
  TOTAL SHARES & DEPOSITS 34,985,934
  TOTAL LIABILITIES 35,788,249
 Regular Reserve 0
 Other Reserves 262,370
 Undivided Earnings 3,226,418
  TOTAL EQUITY 3,488,788
  TOTAL LIABILITIES, SHARES, & EQUITY 39,277,037
INCOME & EXPENSE  
 Loan Income 1,598,322
 Investment Income 211,884
 Other Income 377,374
 Total Employee Compensation & Benefits 707,767
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 891,605
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,500
 Cost of Funds 415,418
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 174,794
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