Credit Unions | Connecticut Credit Unions

Connecticut Labor Dept Federal Credit Union:

Connecticut Labor Dept Federal Credit Union was chartered in 1939 and its charter number is 3544. Connecticut Labor Dept Federal Credit Union's address registered with the NCUA is 200 FOLLYBROOK BLVD, WETHERSFIELD, CT 06109. As of 10/25/06, Connecticut Labor Dept FCU reported $10,289,394 in assets. The credit union currently has 1,844 members. It's Manager/CEO is Marie A. Kinard. The credit unions website is ctlaborfcu.com

Connecticut Labor Dept Federal Credit Union is a member of the Connecticut Credit Union League.

Connecticut Labor Dept FCU News:

Connecticut Labor Dept Federal Credit Union Locations (2):

Connecticut Labor Department Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $9,829,598
Total Loans: $6,728,529
Net Worth Ratio: 17.13
% Share Growth: -11.88
% Loan Growth: 20.26
Loans/Assets Ratio: 68.45
Investment/Assets Ratio: 29.98
Number of Members: 1,873
Number of Full-time Employees: 4

 In the year of 2006, Connecticut Labor Department Credit Union assets decreased by 0.09% and its membership increased by 0.04%. Connecticut Labor Department CU's membership increased by a total of 68 members. Assets decreased by the amount of $915,757. The total loan amounts went from $5,594,583 in 2005 to $6,728,529 in 2006. Their net worth ratio increased to 17.13. Connecticut Labor Department CU maintained their job opportunities at 4 by adding 0 employees.

As of December 31, 2005
Total Assets: $10,745,355
Total Loans: $5,594,583
Net Worth Ratio: 14.05
% Share Growth: -2.82
% Loan Growth: 12.97
Loans/Assets Ratio: 52.06
Investment/Assets Ratio: 45.42
Number of Members: 1,805
Number of Full-time Employees: 4

 In the year of 2005, Connecticut Labor Department Credit Union assets decreased by 0.01% and its membership decreased by 0.01%. Connecticut Labor Department CU's membership decreased by a total of 17 members. Assets decreased by the amount of $154,732. The total loan amounts went from $4,952,188 in 2004 to $5,594,583 in 2005. Their net worth ratio increased slightly to 14.05. Connecticut Energy Employees CU maintained their job opportunities at 4 by adding 0 employees.

As of December 31, 2004
Total Assets: $10,900,087
Total Loans: $4,952,188
Net Worth Ratio: 12.79
% Share Growth: 1.92
% Loan Growth: 17.41
Loans/Assets Ratio: 45.43
Investment/Assets Ratio: 52.73
Number of Members: 1,822
Number of Full-time Employees: 4

  
In Connecticut, this credit union competes with Navy Federal Credit Union and other credit unions for your business.

 
Other Credit Unions:
  • OAS Staff FCU offers their benefits to several organizations including Organization of American States, Inter-American Institute for Cooperation in Agriculture, International Building Service, Inter-American Agency for Cooperation and Development, just to name a few.
  • Ray Federal Credit Union is headquartered in Kearny, Arizona.
  • Bridgeport Hospital FCU serves all employees of Bridgeport Hospital as well as several other companies in the health care network.
  • New Haven Police Federal Credit Union is headquarted in New Haven, Connecticut.
  • Groton Municipal Employees Federal Credit Union offers its Membership to Groton municipal town and city employees as well as the surrounding Fire Departments and the Groton Board of Education.
Credit Union News:

Letters
The Kansas City Star - Feb 16, 2008
Recent legislative activity has brought to light some misconceptions about credit unions. As president of the Kansas Credit Union Association, on behalf of the 113 Kansas credit unions and their member/owners, we want to provide a clear picture of credit unions and ensure potential legislative efforts do not have an adverse impact on the residents of Kansas.

Full Story: http://www.kansascity.com/business/story/492365.html

Ghana: De-Graft Memorial Methodist Co-Operative Credit Union Support Members
AllAfrica.com - Feb 6, 2008
The De-Graft Memorial Methodist Co-operative Credit Union in Kumasi gave out a total of GH¢58,987 as loans to its members last year.

Full Story: http://allafrica.com/stories/200802060126.html

Taking Math Lessons Into Account
Brandon News & Tribune - Feb 8, 2008
Michael Desmond has started saving for college, stashing away money he earns washing and waxing his parents' cars.

Full Story: http://brandonnews2.tbo.com/content/2008/feb/09/br-taking-math-lessons-into-account/?news

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