Credit Unions | Connecticut Credit Unions

First New England Federal Credit Union:

First New England Federal Credit Union was chartered in 1938 and its charter number is 2601. First New England Federal Credit Union's address registered with the NCUA is 616 BURNSIDE AVENUE, EAST HARTFORD, CT 06108. As of 12/06/06, First New England FCU reported $58,269,031 in assets. The credit union currently has 9,380 members. It's Manager/CEO is Michael Palladino. The credit unions website is www.firstnewengland.org

First New England Federal Credit Union is a member of the Connecticut Credit Union League.

First New England FCU News:

First New England Federal Credit Union Locations (2):

First New England Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $58,333,908
Total Loans: $46,831,947
Net Worth Ratio: 9.8
% Share Growth: -5.14
% Loan Growth: 8.88
Loans/Assets Ratio: 80.28
Investment/Assets Ratio: 5.85
Number of Members: 9,243
Number of Full-time Employees: 26

 In the year of 2006, First New England Credit Union assets increased by 0.02% and its membership decreased by 0.01%. First New England CU's membership decreased by a total of 95 members. Assets increased by the amount of $1,337,403. The total loan amounts went from $43,011,097 in 2005 to $46,831,947 in 2006. Their net worth ratio increased to 9.8. First New England CU increased their job opportunities to 26 by adding 1 employee.

As of December 31, 2005
Total Assets: $56,996,505
Total Loans: $43,011,097
Net Worth Ratio: 9.4
% Share Growth: 3.65
% Loan Growth: -1.53
Loans/Assets Ratio: 75.46
Investment/Assets Ratio: 11.91
Number of Members: 9,338
Number of Full-time Employees: 25

 In the year of 2005, First New England Credit Union assets increased by 0.08% and its membership increased by 0.01%. First New England CU's membership increased by a total of 135 members. Assets increased by the amount of $4,392,499. The total loan amounts went from $43,682,811 in 2004 to $43,011,097 in 2005. Their net worth ratio increased slightly to 9.4. First New England CU maintained their job opportunities at 25 by adding 0 employees.

As of December 31, 2004
Total Assets: $52,604,006
Total Loans: $43,682,811
Net Worth Ratio: 9.1
% Share Growth: 0.95
% Loan Growth: 5.05
Loans/Assets Ratio: 83.04
Investment/Assets Ratio: 9.53
Number of Members: 9,203
Number of Full-time Employees: 25

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

 
Other Credit Unions:
  • Lee Federal Credit Union together with five other Lee federal credit unions throughout the United States — from San Francisco to Boston — they are the federally chartered family-based credit unions in the Chinese community.
  • Pima Federal Credit Union serves Pima County employees, including Pima County School District employees, eligible Select Employee Groups, and employees, volunteers or registered members of any nonprofit organization located in Pima County, such as a church, lodge, or Chamber of Commerce.
  • Hartford Municipal Employees Federal Credit Union serves the City of Hartford, Hartford Housing Authority, Community Renewal Team, and Madison Square Garden employees and their families.
  • BNA Federal Credit Union is headquartered at 1231 25th St. NW, Washington, DC 20037.
  • Bridgeport City Employees FCU is headquarted in Bridgeport, Connecticut.
Credit Union News:

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

Nation's Largest Surcharge-Free ATM Network Activates Today
Centre Daily Times - Feb 6, 2008
Credit Union 24, the only national credit union-owned point-of-sale (POS) network in the U.S., announces that the CU HERE Premium program, with its 45,000 ATMs, activates today, giving credit union members access to the country's largest ATM network.

Full Story: http://www.centredaily.com/business/story/384836.html

Names and Faces
Portsmouth Herald - Feb 17, 2008
PORTSMOUTH — Service Credit Union announces new hires and staffing changes at seven locations. The Pease branch welcomes new member service representative Samantha Ellis. In Portsmouth, the corporate offices promoted Debbie Hawes from business...

Full Story: http://www.seacoastonline.com/apps/pbcs.dll/article?AID=/20080217/BIZ/802170329

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