Central Credit Union Fund:

Central Credit Union Fund was chartered in 1991 and its charter number is 67807. Central Credit Union Fund's address registered with the NCUA is 15 MIDSTATE DRIVE, SUITE 215, AUBURN, MA 01501. As of 08/01/06, Central CU Fund reported (No Information Provided) in assets. The credit union currently has (No Information Provided) members. It's Manager/CEO is James L. Van Arsdale. The credit unions website is No Web Address Provided

Central Credit Union Fund is a member of the Massachusetts Credit Union League.

Central Credit Union Fund Financial Evaluation

As of December 31, 2004
Total Assets: $240,539,032.00
Total Loans: $4,391,748.00
Net Worth Ratio: 8.78
% Share Growth: 2.05
% Loan Growth: 534.76
Loans/Assets Ratio: 1.82
Loans/Assets Ratio: 94.54
Numbers of Members: 227
Number of Full-time Employees: 10
 
As of December 31, 2005
Total Assets: $264,228,187.00
Total Loans: $44,075,738.00
Net Worth Ratio: 9.23
% Share Growth: -22.97
% Loan Growth: 903.6
Loans/Assets Ratio: 16.68
Loans/Assets Ratio: 81
Numbers of Members: 212
Number of Full-time Employees: 9
 
As of December 31, 2006
Total Assets: $227,274,370.00
Total Loans: $15,733,244.00
Net Worth Ratio: 8.66
% Share Growth: 21.66
% Loan Growth: -64.3
Loans/Assets Ratio: 6.92
Loans/Assets Ratio: 89.44
Numbers of Members: 211
Number of Full-time Employees: 9
 
 

 
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Credit Union News:

Economy woes hit credit unions
BizJournals - Feb 17, 2008
Delinquency rates at some Boston-area credit unions are among the highest in the nation, as members increasingly struggle to make credit card and mortgage payments.

Full Story: http://www.bizjournals.com/boston/stories/2008/02/18/story3.html?ana=from_rss

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The Kansas City Star - Feb 5, 2008
The subprime mortgage meltdown has seeped into yet another corner of the financial world. U.S. Central Federal Credit Union of Lenexa, which invests funds on behalf of the nation's regional credit unions, said it took a $760 million markdown on the $40 billion in investment securities it holds for sale.

Full Story: http://www.kansascity.com/business/companies/story/477132.html

Suspect in 3 bank robberies arrested
Atlanta Journal-Constitution - Feb 8, 2008
Forsyth County authorities said late Friday they have arrested a man wanted for three recent bank robberies. Sheriff Ted Paxton said 26-year-old David Ryan Stone was arrested late Thursday night at an extended stay motel in nearby Dawsonville. Stone is being held without bond in the recent hold-ups of two Crescent Banks and a branch of Georgia Federal Credit Union, all in Forsyth County.

Full Story: http://www.ajc.com/services/content/metro/northfulton/stories/2008/02/08/robbery_0209.html?cxtype=rss&cxsvc=7&cxcat=13


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