Greater Watertown Federal Credit Union

Greater Watertown Federal Credit Union was chartered in 1935 and its charter number is 660. Greater Watertown Federal Credit Union's address registered with the NCUA is 48 WOODRUFF AVE, WATERTOWN, CT 06795. As of 10/23/06, Greater Watertown FCU reported $19,870,984 in assets. The credit union currently has 4,912 members. It's Manager/CEO is Thomas ONeil. The credit unions website is www.greaterwatertown.com

Greater Watertown Federal Credit Union is a member of the Connecticut Credit Union League.

 
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Locations (1): Greater Watertown Federal Credit Union
48 Woodruff Ave, Watertown, CT 06795
(860) 945-0611

Greater Watertown FCU News: Greater Watertown Credit Union Financial Evaluation

2006
Total Assets: $20,426,225
Total Loans: $8,084,462
Net Worth Ratio: 11.94
% Share Growth: 5.54
% Loan Growth: 13.03
Loans/Assets Ratio: 39.57
Investment/Assets Ratio: 56.23
Number of Members: 4,896
Number of Full-time Employees: 9

In the year of 2006, Greater Watertown Credit Union assets increased by 0.05% and its membership decreased by 0.04%. Greater Watertown CU's membership decreased by a total of 205 members. Assets increased by the amount of $1,111,436. The total loan amounts went from $7,152,237 in 2005 to $8,084,462 in 2006. Their net worth ratio increased to 11.94. Greater Watertown CU maintained their job opportunities at 9 by adding 0 employees.

2005
Total Assets: $19,314,789
Total Loans: $7,152,237
Net Worth Ratio: 11.83
% Share Growth: -7.42
% Loan Growth: -2.86
Loans/Assets Ratio: 37.02
Investment/Assets Ratio: 58.62
Number of Members: 5,101
Number of Full-time Employees: 9

In the year of 2005, Greater Watertown Credit Union assets decreased by 0.06% and its membership decreased by 0.03%. Greater Watertown CU's membership decreased by a total of 175 members. Assets decreased by the amount of $1,335,172. The total loan amounts went from $7,363,198 in 2004 to $7,152,237 in 2005. Their net worth ratio increased slightly to 11.83. Greater Watertown CU maintained their job opportunities at 9 by adding 0 employees.

2004
Total Assets: $20,649,961
Total Loans: $7,363,198
Net Worth Ratio: 10.9
% Share Growth: -5.7
% Loan Growth: -1.39
Loans/Assets Ratio: 35.65
Investment/Assets Ratio: 59.74
Number of Members: 5,276
Number of Full-time Employees: 9

 

In Connecticut, this credit union competes with Navy Federal Credit Union and other credit unions for your business.

February 11, 2012

 
 
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