Credit Unions | Connecticut Credit Unions

Connex Credit Union:

Connex Credit Union was chartered in 1940 and its charter number is 68511. Connex Credit Union's address registered with the NCUA is P.O. BOX 477, NEW HAVEN, CT 06473. As of 10/24/06, Connex CU reported $294,942,448 in assets. The credit union currently has 33,105 members. It's Manager/CEO is John R. Edwards. The credit unions website is www.connexcu.org

Connex Credit Union is a member of the Connecticut Credit Union League.

Locations (7):

Connex Credit Union
2100 Dixwell Ave., Hamden, CT 06518
203-603-5700

Connex Credit Union
350 Boston Post Road, Orange, CT 06477
203-603-5700

Connex Credit Union
477 Connecticut Blvd., East Hartford, CT 06118
203-603-5700

Connex Credit Union
227 Church Street, North Haven, CT 06473
203-603-5700

Connex Credit Union
849 Boston Post Road, Guilford, CT 06437
203-603-5700

Connex Credit Union
412 Washington Ave., North Haven, CT 06473
(203) 603-5700

Connex Credit Union
P.O. BOX 477, North Haven, CT 06473
(203) 603-5700

Connex CU News:

Connex Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $302,393,010
Total Loans: $219,649,968
Net Worth Ratio: 13.13
% Share Growth: 8.63
% Loan Growth: 18.91
Loans/Assets Ratio: 72.63
Investment/Assets Ratio: 24.81
Number of Members: 33,898
Number of Full-time Employees: 82

 In the year of 2006, Connex Credit Union assets increased by 0.07% and its membership increased by 0.10%. Connex CU's membership decreased by a total of 3,447 members. Assets increased by the amount of $22,075,519. The total loan amounts went from $184,707,164 in 2005 to $219,649,968 in 2006. Their net worth ratio decreased to 13.13. Connex CU increased their job opportunities to 82 by adding 10 employees.

As of December 31, 2005
Total Assets: $280,317,491
Total Loans: $184,707,164
Net Worth Ratio: 13.42
% Share Growth: 6.75
% Loan Growth: 14.31
Loans/Assets Ratio: 65.89
Investment/Assets Ratio: 31.47
Number of Members: 30,451
Number of Full-time Employees: 72

 In the year of 2005, Connex Credit Union assets increased by 0.07% and its membership decreased by 0.02%. Connex CU's membership decreased by a total of 570 members. Assets increased by the amount of $20,218,098. The total loan amounts went from $161,579,769 in 2004 to $184,707,164 in 2005. Their net worth ratio decreased slightly to 13.42. Connex CU decreased their job opportunities to 72 by reducing 1 employee.

As of December 31, 2004
Total Assets: $260,099,393
Total Loans: $161,579,769
Net Worth Ratio: 13.71
% Share Growth: -0.91
% Loan Growth: 23.21
Loans/Assets Ratio: 62.12
Investment/Assets Ratio: 35.14
Number of Members: 31,021
Number of Full-time Employees: 73

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

 
Other Credit Unions:
  • Charter Oak Federal Credit Union is a community credit union. Membership is open to anyone who lives, works, goes to school, volunteers, or worships in all cities and towns in New London County and Windham County, Connecticut.
  • Ledge Light FCU membership includes Pfizer Inc. its subsidiaries, and certain employee groups working at Pfizer Inc. locations and their families or households.
  • West Hartford Credit Union is headquarted in Farmington, Connecticut.
  • Ledge Light Federal Credit Union membership includes Pfizer Inc. its subsidiaries, and certain employee groups working at Pfizer Inc. locations and their families or households.
  • East End Baptist Tabernacle FCU is headquarted in Bridgeport, Connecticut.
Credit Union News:

Consumers Credit will elect five to board
Lake County News Sun - Feb 8, 2008
Five people will be elected to the Consumers Credit Union board of directors at the 78th annual meeting scheduled March 12 at the Country Squire Restaurant, 19133 W. Route 120 in Grayslake. The meeting is open to all members of the credit union

Full Story: http://www.suburbanchicagonews.com/newssun/business/783419,5_3_WA08_CONSUMERSCU_S1.article

Seattle-based Watermark Credit Union Launches Payday Freedom to Break the Payday Loan Cycle
PRWeb - Feb 5, 2008
Seattle-based Watermark Credit Union is excited to announce the launch of its Payday Freedom product, designed to help its members break the payday loan cycle.

Full Story: http://www.bizjournals.com/twincities/stories/2008/02/04/daily21.html%3fana=from_rss

The dress down to raise some money
The Reporter - Feb 6, 2008
Borrowing an approach to "casual Fridays," Financial Resources Federal Credit Union established "Jeans Day Friday" in 2005 whereby on the last Friday of every month the credit union's employees are permitted to wear jeans by contributing at least $5 to a fund maintained by Financial Resources FCU Foundation for the benefit of an organization.

Full Story: http://www.nj.com/business/reporter/index.ssf?/base/business-0/120231752688370.xml&coll=13

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