Community Credit Union of Lynn:

Community Credit Union of Lynn was chartered in 1955 and its charter number is 67558. Community Credit Union of Lynn's address registered with the NCUA is 1 ANDREW ST, LYNN, MA 01901. As of 11/29/06, Community CU of Lynn reported $128,630,900 in assets. The credit union currently has 12,861 members. It's Manager/CEO is Nicholas Sarantopoulos. The credit unions website is www.communitycreditunion.org

Community Credit Union of Lynn is a member of the Massachusetts Credit Union League.

Community Credit Union of Lynn Financial Evaluation

As of December 31, 2004
Total Assets: $112,378,489.00
Total Loans: $66,851,451.00
Net Worth Ratio: 12.8
% Share Growth: 5.08
% Loan Growth: 38.51
Loans/Assets Ratio: 59.48
Loans/Assets Ratio: 38.89
Numbers of Members: 10,119
Number of Full-time Employees: 15
 
As of December 31, 2005
Total Assets: $121,218,758.00
Total Loans: $82,842,125.00
Net Worth Ratio: 12.26
% Share Growth: 9.08
% Loan Growth: 23.91
Loans/Assets Ratio: 68.34
Loans/Assets Ratio: 28.88
Numbers of Members: 11,415
Number of Full-time Employees: 23.5
 
As of December 31, 2006
Total Assets: $128,177,986.00
Total Loans: $85,555,642.00
Net Worth Ratio: 11.63
% Share Growth: 9.85
% Loan Growth: 3.27
Loans/Assets Ratio: 66.74
Loans/Assets Ratio: 27.9
Numbers of Members: 13,398
Number of Full-time Employees: 26.5
 
 

 
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Credit Union News:

Credit union members compensated
BBC News - Feb 6, 2008
Members of a Wrexham credit union which collapsed are told they will receive full compensation.

Full Story: http://news.bbc.co.uk/1/hi/wales/north_east/7231199.stm

St. Jean's Credit Union in Lynn robbed
The Daily Item - Feb 8, 2008
LYNN - Police are investigating the robbery of the St. Jean's Credit Union at the corner of Western Avenue and Franklin Street that occurred shortly before 5 p.m. Thursday..

Full Story: http://www.itemlive.com/articles/2008/02/08/news/news08.txt

In Brief
The Express-Times - Feb 2, 2008
PHILLIPSBURG | The Phillipsburg Free Library will host a free workshop on building personal and household budgets. Titled "Building a Basic Budget: The Five-Step Spending Plan," the event will be presented by Thomas Mosser of IRCO Federal Credit Union at 7 p.m. Thursday, March 13.

Full Story: http://www.pennlive.com/business/expresstimes/index.ssf?/base/business-1/120080552689060.xml&coll=2


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