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NATCO EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — NATCO EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in WEST WARWICK, RI with 0 branch location and about $196,239 in total assets. Opened 59 years ago in 1965, NATCO EMPLOYEES FEDERAL CREDIT UNION has about 30 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NATCO EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
155 Brookside Ave
WEST WARWICK, RI 02893
Phone:(401) 828-0300
Fax:(401) 823-7670
Website:n/a
Branches:0 branch locations
Members:30
Credit Union Type:Federal Credit Union
Charter Number:16614
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1965
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$196,239
CEO/Manager:Linda Van Meter
Chairperson:RoseAnn Ruzzo

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 162,628
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 32,866
 Other Loans 0
 TOTAL LOANS 32,866
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -919
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 1,664
 All Other Assets 0
  TOTAL ASSETS 196,239
LIABILITIES & CAPITAL:  
 Dividends Payable 1,256
 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 160,913
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 160,913
  TOTAL LIABILITIES 162,169
 Regular Reserve 0
 Other Reserves 10,329
 Undivided Earnings 23,741
  TOTAL EQUITY 34,070
  TOTAL LIABILITIES, SHARES, & EQUITY 196,239
INCOME & EXPENSE  
 Loan Income 3,631
 Investment Income 2,586
 Other Income 0
 Total Employee Compensation & Benefits 1,500
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,920
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,400
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 397
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