Credit Unions | Connecticut Credit Unions

CSP Employees Federal Credit Union:

CSP Employees Federal Credit Union was chartered in 1949 and its charter number is 6418. CSP Employees Federal Credit Union's address registered with the NCUA is P.O. BOX 409, SOMERSVILLE, CT 06072-0409. As of 10/24/06, CSP Employees FCU reported $8,050,857 in assets. The credit union currently has 1,849 members. It's Manager/CEO is Alisa M. Cutter.The credit unions website is NO WEB ADDRESS PROVIDED

CSP Employees Federal Credit Union is a member of the Connecticut Credit Union League.

Locations (2):

CSP Employees Federal Credit Union
Shaker Rd, Somers, CT 06071
(860) 763-3591

CSP Employees Federal Credit Union
P.O. BOX 409, Somersville, CT 06072
(860) 763-3591

CSP Employees FCU News:

CSP Employees Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $7,185,122
Total Loans: $2,941,575
Net Worth Ratio: 21.16
% Share Growth: -11.68
% Loan Growth: 1.68
Loans/Assets Ratio: 40.93
Investment/Assets Ratio: 57.82
Number of Members: 1,829
Number of Full-time Employees: 4

 In the year of 2006, CSP Employees Credit Union assets decreased by 0.08% and its membership decreased by 0.15%. CSP Employees CU's membership decreased by a total of 328 members. Assets decreased by the amount of $616,656. The total loan amounts went from $2,892,803 in 2005 to $2,941,575 in 2006. Their net worth ratio increased to 21.16. CSP Employees CU decreased their job opportunities to 4 by reducing 1 employee.

As of December 31, 2005
Total Assets: $7,801,778
Total Loans: $2,892,803
Net Worth Ratio: 17.77
% Share Growth: -8.92
% Loan Growth: 3.32
Loans/Assets Ratio: 37.07
Investment/Assets Ratio: 61.91
Number of Members: 2,157
Number of Full-time Employees: 5

 In the year of 2005, CSP Employees Credit Union assets decreased by 0.06% and its membership increased by 0.14%. CSP Employees CU's membership increased by a total of 303 members. Assets decreased by the amount of $542,344. The total loan amounts went from $2,799,612 in 2004 to $2,892,803 in 2005. Their net worth ratio increased slightly to 17.77. CSP Employees CU maintained their job opportunities at 5 by adding 0 employees.

As of December 31, 2004
Total Assets: $8,344,122
Total Loans: $2,799,612
Net Worth Ratio: 15.49
% Share Growth: 7.2
% Loan Growth: -5.18
Loans/Assets Ratio: 33.55
Investment/Assets Ratio: 65.46
Number of Members: 1,854
Number of Full-time Employees: 5

  
In Connecticut, this credit union competes with Navy Federal Credit Union and other credit unions for your business.
 
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Other Credit Unions:
  • Tacomis Federal Credit Union is headquartered at 500 E Street, SW, Washington, DC 20436.
  • Railway Employees FCU is headquartered at 1810 9th Street NE, Washington, DC 20018.
  • Coconino Federal Credit Union serves the employees of the City of Flagstaff and the City of Page, Arizona, employees of the County of Coconino, School District Employees within Coconino County, Navajo Army Deport, US Postal Service, Forest Service, Geological Survey, employees of the Page Hospital, and anyone who lives, works or worships in Coconino County.
  • Bridgeport Post Office Federal Credit Union is headquarted in Bridgeport, Connecticut.
  • Northwest Hills CU meets the financial needs of the people who live in, worship in, go to school in or work in Torrington, Connecticut.
Credit Union News:

Police warn of phone scam
The Pantagraph - Feb 6, 2008
NORMAL � People are getting calls saying there is an issue with their credit union account, which police believe is a scam to get people to give their personal information for illegal financial gain, Normal police said Wednesday.

Full Story: http://www.pantagraph.com/articles/2008/02/07/news/doc47aa481d29908899616057.txt

Trial targets alleged theft, cover-up at credit union
The Republican - Feb 8, 2008
SPRINGFIELD - The former top officer of an urban credit union siphoned $178,000 from members' accounts to cover negative balances in her and her husband's accounts, according to testimony in a federal embezzlement trial.

Full Story: http://www.masslive.com/news/republican/index.ssf?/base/news-2/1202462108136670.xml&coll=1

ESL credit union HQ to leave Irondequoit
MPNnow.com - Feb 8, 2008
The company will retain its 19 branches, including the one in Irondequoit, but will relocate its administrative offices.

Full Story: http://www.mpnnow.com/news/x1992199875

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