Farrel Federal Credit Union
Farrel Federal Credit Union was chartered in 1938 and its charter number is 2591.
Farrel Federal Credit Union's address registered with the NCUA
is 25 MAIN STREET, P.O. BOX 155, ANSONIA, CT 06401.
As of 11/16/06, Farrel FCU reported $3,275,267 in assets.
The credit union currently has 524 members. It's Manager/CEO is Lizabeth E. Wojtowicz.
Farrel Federal Credit Union is a member of the Connecticut Credit Union League.
Mortgage Options
Locations (2):
Farrel Federal Credit Union
28 Main St, Ansonia, CT 06401
(203) 735-0344
Farrel Federal Credit Union
P.O. BOX 155, Ansonia, CT 06401
(203) 735-0344
Farrel FCU News:
Farrel Credit Union Financial Evaluation
2006
Total Assets: $3,093,243
Total Loans: $129,219
Net Worth Ratio: 19.5
% Share Growth: -4.87
% Loan Growth: -3.84
Loans/Assets Ratio: 4.17
Investment/Assets Ratio: 94.13
Number of Members: 528
Number of Full-time Employees: 2
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In the year of 2006, Farrel Credit Union assets decreased by 0.04% and its membership increased by 0.01%. Farrel CU's membership increased by a total of 7 members. Assets decreased by the amount of $130,576. The total loan amounts went from $134,389 in 2005 to $129,219 in 2006. Their net worth ratio increased to 19.5. Farrel CU maintained their job opportunities at 2 by adding 0 employees.
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2005
Total Assets: $3,223,819
Total Loans: $134,389
Net Worth Ratio: 18.52
% Share Growth: -7.33
% Loan Growth: -15.34
Loans/Assets Ratio: 4.16
Investment/Assets Ratio: 94.29
Number of Members: 521
Number of Full-time Employees: 2
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In the year of 2005, Farrel Credit Union assets decreased by 0.06% and its membership decreased by 0.03%. Farrel CU's membership decreased by a total of 16 members. Assets decreased by the amount of $218,651. The total loan amounts went from $158,742 in 2004 to $134,389 in 2005. Their net worth ratio increased slightly to 18.52. Farrel CU maintained their job opportunities at 2 by adding 0 employees.
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2004
Total Assets: $3,442,470
Total Loans: $158,742
Net Worth Ratio: 17.41
% Share Growth: -1.32
% Loan Growth: -14.68
Loans/Assets Ratio: 4.61
Investment/Assets Ratio: 94.32
Number of Members: 537
Number of Full-time Employees: 2
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