Western Connecticut Federal Credit Union

Western Connecticut Federal Credit Union was chartered in 1966 and its charter number is 17330. Western Connecticut Federal Credit Union's address registered with the NCUA is 15 BERKSHIRE ROAD, SANDY HOOK, CT 06482. As of 10/13/06, Western Connecticut FCU reported $24,322,026 in assets. The credit union currently has 3,603 members. It's Manager/CEO is Edward P. O'Malley. The credit unions website is www.westernctfcu.com

Western Connecticut Federal Credit Union is a member of the Connecticut Credit Union League.

 
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Western Connecticut FCU News: Western Connecticut Federal Credit Union Locations (2): Western Connecticut Credit Union Financial Evaluation
2006
Total Assets: $24,505,212
Total Loans: $19,875,128
Net Worth Ratio: 9.82
% Share Growth: 3.55
% Loan Growth: 2.06
Loans/Assets Ratio: 81.1
Investment/Assets Ratio: 13.48
Number of Members: 3,613
Number of Full-time Employees: 13

In the year of 2006, Western Connecticut Credit Union assets increased by 0.04% and its membership decreased by 0.02%. Western Connecticut CU's membership decreased by a total of 60 members. Assets increased by the amount of $861,611. The total loan amounts went from $19,473,208 in 2005 to $19,875,128 in 2006. Their net worth ratio increased slightly to 9.82. Western Connecticut CU maintained their job opportunities at 13 by adding 0 employees.

2005
Total Assets: $23,643,601
Total Loans: $19,473,208
Net Worth Ratio: 9.67
% Share Growth: -2.33
% Loan Growth: 4.9
Loans/Assets Ratio: 82.36
Investment/Assets Ratio: 11.77
Number of Members: 3,673
Number of Full-time Employees: 13

In the year of 2005, Western Connecticut Credit Union assets decreased by 0.01% and its membership decreased by 0.05%. Western Connecticut CU's membership decreased by a total of 202 members. Assets decreased by the amount of $302,544. The total loan amounts went from $18,562,971 in 2004 to $19,473,208 in 2005. Their net worth ratio increased slightly to 9.67. Western Connecticut CU maintained their job opportunities at 13 by adding 0 employees.

2004
Total Assets: $23,946,145
Total Loans: $18,562,971
Net Worth Ratio: 8.77
% Share Growth: -2.33
% Loan Growth: 1.86
Loans/Assets Ratio: 77.51
Investment/Assets Ratio: 16.81
Number of Members: 3,875
Number of Full-time Employees: 13

 

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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Other Credit Unions:
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  • Mount Horeb Baptist FCU is headquartered at 2914 Bladensburg Road, N. E., Washington, DC 20018.
  • Pyramid CU serves the financial needs of postal employees, retirees and their families, Pyramid also serves individuals in the Tucson community who live, work or worship in the Tucson area.

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