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First New England Federal Credit Union
First New England Federal Credit Union was chartered in 1938 and its charter number is 2601.
First New England Federal Credit Union's address registered with the NCUA
is 616 BURNSIDE AVENUE, EAST HARTFORD, CT 06108.
As of 12/06/06, First New England FCU reported $58,269,031 in assets.
The credit union currently has 9,380 members. It's Manager/CEO is Michael Palladino.
The credit unions website is www.firstnewengland.org
First New England Federal Credit Union is a member of the Connecticut Credit Union League.
Mortgage Options

First New England FCU News:
First New England Federal Credit Union Locations (2):
First New England Credit Union Financial Evaluation
2006
Total Assets: $58,333,908
Total Loans: $46,831,947
Net Worth Ratio: 9.8
% Share Growth: -5.14
% Loan Growth: 8.88
Loans/Assets Ratio: 80.28
Investment/Assets Ratio: 5.85
Number of Members: 9,243
Number of Full-time Employees: 26
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In the year of 2006, First New England Credit Union assets increased by 0.02% and its membership decreased by 0.01%. First New England CU's membership decreased by a total of 95 members. Assets increased by the amount of $1,337,403. The total loan amounts went from $43,011,097 in 2005 to $46,831,947 in 2006. Their net worth ratio increased to 9.8. First New England CU increased their job opportunities to 26 by adding 1 employee.
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2005
Total Assets: $56,996,505
Total Loans: $43,011,097
Net Worth Ratio: 9.4
% Share Growth: 3.65
% Loan Growth: -1.53
Loans/Assets Ratio: 75.46
Investment/Assets Ratio: 11.91
Number of Members: 9,338
Number of Full-time Employees: 25
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In the year of 2005, First New England Credit Union assets increased by 0.08% and its membership increased by 0.01%. First New England CU's membership increased by a total of 135 members. Assets increased by the amount of $4,392,499. The total loan amounts went from $43,682,811 in 2004 to $43,011,097 in 2005. Their net worth ratio increased slightly to 9.4. First New England CU maintained their job opportunities at 25 by adding 0 employees.
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2004
Total Assets: $52,604,006
Total Loans: $43,682,811
Net Worth Ratio: 9.1
% Share Growth: 0.95
% Loan Growth: 5.05
Loans/Assets Ratio: 83.04
Investment/Assets Ratio: 9.53
Number of Members: 9,203
Number of Full-time Employees: 25
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Other Credit Unions:
- Trumbull Credit Union is headquarted in Trumbull, Connecticut.
- Personal Care America Federal Credit Union is open to employees of Unilever Home and Personal Care USA, employees of Van Den Bergh Foods Company, employees of Monroe Staffing Services LLC who work at Unilever, employees of Alpla, Inc., Culinart, Inc., Elizabeth Arden Research and Development Center, Genco Distribution & Return Centers, Guilford Mortgage Service, LLC, Kendall Company, Monroe Group, Prince Sports, Inc., Silgan Plastics, Inc., Tyco HealthCare, Water’s Edge Inn & Resort and Whole Life, Inc.
- Hughes FCU offers sevices if you are an employee or have a family member that is an employee at one of the many established Select Employee Groups.
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