Groton Municipal Employees Federal Credit Union
Groton Municipal EFCU was chartered in 1956 and its charter number is 10892.
Groton Municipal Employees Federal Credit Union's address registered with the NCUA
is 295 MERIDIAN ST, GROTON, CT 06340.
As of 12/05/06, Groton Municipal Employees FCU reported $6,835,058 in assets.
The credit union currently has 1,191 members. It's Manager/CEO is Melissa S. Robinson.
The credit unions website is www.grotonmefcu.com
Groton Municipal Employees Federal Credit Union is a member of the Connecticut Credit Union League.
Mortgage Options
Locations (2):
Groton Municipal Employees Federal Credit Union
P.O. Box 851, Groton, CT 06340
(860) 446-4121
Groton Municipal Employees Federal Credit Union
295 Meridian St, Groton, CT 06340
(860) 446-4121
Groton Municipal Employees FCU News:
Groton Municipal Employees Credit Union Financial Evaluation
2006
Total Assets: $6,823,791
Total Loans: $5,050,287
Net Worth Ratio: 13.71
% Share Growth: -10.94
% Loan Growth: 6.02
Loans/Assets Ratio: 74
Investment/Assets Ratio: 22.49
Number of Members: 1,201
Number of Full-time Employees: 4
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In the year of 2006, Groton Municipal Employees Credit Union assets decreased by 0.09% and its membership increased by 0.01%. Groton Municipal Employees CU's membership increased by a total of 15 members. Assets decreased by the amount of $673,538. The total loan amounts went from $4,763,092 in 2005 to $5,050,287 in 2006. Their net worth ratio increased to 13.71. Groton Municipal Employees CU maintained their job opportunities at 4 by adding 0 employees.
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2005
Total Assets: $7,497,329
Total Loans: $4,763,092
Net Worth Ratio: 11.84
% Share Growth: 5.52
% Loan Growth: 2.87
Loans/Assets Ratio: 63.53
Investment/Assets Ratio: 33.76
Number of Members: 1,186
Number of Full-time Employees: 4
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In the year of 2005, Groton Municipal Employees Credit Union assets increased by 0.06% and its membership decreased by 0.01%. Groton Municipal Employees CU's membership decreased by a total of 5 members. Assets increased by the amount of $420,105. The total loan amounts went from $4,630,048 in 2004 to $4,763,092 in 2005. Their net worth ratio decreased slightly to 11.84. Groton Municipal Employees CU maintained their job opportunities at 4 by adding 0 employees.
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2004
Total Assets: $7,077,224
Total Loans: $4,630,048
Net Worth Ratio: 11.97
% Share Growth: 11.57
% Loan Growth: 17.98
Loans/Assets Ratio: 65.42
Investment/Assets Ratio: 31.03
Number of Members: 1,191
Number of Full-time Employees: 4
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