VALLEY CATHOLIC FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.vcfcu.virtualcu.net for more information.
Dec, 31, 2023 — VALLEY CATHOLIC FEDERAL CREDIT UNION is a federal credit union headquartered in Simsbury, CT with 0 branch location and about $529,909 in total assets. Opened 77 years ago in 1947, VALLEY CATHOLIC FEDERAL CREDIT UNION has about 205 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | VALLEY CATHOLIC FEDERAL CREDIT UNION |
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Address: (Main Office) | P O Box 897 Simsbury, CT 06070-1939 |
Phone: | (860) 658-9921 |
Fax: | (860) 658-9921 |
Website: | https://www.vcfcu.virtualcu.net |
Branches: | 0 branch locations |
Members: | 205 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5496 |
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Membership Type: | Multiple common bond - Primarily faith based |
Corporate Credit Union: | No |
Year Opened: | 1947 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $529,909 |
CEO/Manager: | Vaughan S Marecki |
Chairperson: | Vincent Welch |
ASSETS: | $ Amount |
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Cash & Equivalents | 94,003 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 71,821 |
Other Loans | 315,079 |
TOTAL LOANS | 386,900 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,483 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 7,160 |
All Other Assets | 0 |
TOTAL ASSETS | 529,909 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 400 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 723 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 334,772 |
All Other Shares & Deposits | 150,000 |
TOTAL SHARES & DEPOSITS | 484,772 |
TOTAL LIABILITIES | 485,895 |
Regular Reserve | 0 |
Other Reserves | 27,929 |
Undivided Earnings | 16,085 |
TOTAL EQUITY | 44,014 |
TOTAL LIABILITIES, SHARES, & EQUITY | 529,909 |
INCOME & EXPENSE | |
Loan Income | 6,127 |
Investment Income | 5 |
Other Income | 275 |
Total Employee Compensation & Benefits | 5,592 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,671 |
Non-operating Income & (Expense) | 2,176 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 400 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -4,080 |
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