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Bridgeport Police Credit Union

Overview
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Bridgeport Police Credit Union is a federal credit union based in Bridgeport, Connecticut. It has been opened since 1954, for 66 years.

With around $18,770,000 in assets, Bridgeport Police Credit Union is considered to be a medium size credit union.

About
Address 3590 Main Street
Bridgeport, Connecticut 06606
Website http://www.mybpfcu.org
Phone (203) 374-6500
Fax (203) 374-5665
CEO Dawn Cuminotto
President of the Board Frank Podpolucha
Services Offered
Map
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Score Card
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66 years
Years in business
Opened in 1954
Well Capitalized
Net worth classification
Source: NCUA
2,007 members
Membership type: Multiple common bond – primary federal, state, local government
Below average number of members
334:1
Credit union member to staff ratio
334 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$18,774,742
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Connecticut
Average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
9.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 3 in Connecticut
Average number of branches
Bridgeport Police Credit Union Branch Locations

Bridgeport Police Credit Union: Main Street
3590 Main Street
Bridgeport, Connecticut 06606
No ATM
Members
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2,007 members
Membership type: Multiple common bond – primary federal, state, local government
Below average number of members

With 2,007 members, the Bridgeport Police Credit Union is considered to be a small credit union. It is smaller than 65% of credit unions.

Fees
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$82
Average fee per member
The average fee per member at the Bridgeport Police Credit Union is $82, which is high compared to most credit unions. This rate is higher than 75% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Bridgeport Police Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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334:1
Credit union member to staff ratio
334 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
6 staff members
FTE (full-time equivalent)
0% of employees are part-time
6 full-time, 0 part-time

Bridgeport Police Credit Union has 6 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Bridgeport Police Credit Union has around 334 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
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$18,774,742
Total assets
Below average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
14.3%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$6,952
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 78% of credit unions.

Bridgeport Police Credit Union holds a total of $7,880,000 in loans and leases, which is about $6,952 per member on average.

Savings interest rate
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0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Bridgeport Police Credit Union pays 0.05%.

Loan rates
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9.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.75%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.49%
New car loan rate
Compared to 4.0% nationally
3.99%
Used car loan rate
Compared to 5.2% nationally
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Credit Card Loan Interest Rate
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