Credit Unions | Connecticut Credit Unions

Groton Municipal Employees Federal Credit Union:

Groton Municipal EFCU was chartered in 1956 and its charter number is 10892. Groton Municipal Employees Federal Credit Union's address registered with the NCUA is 295 MERIDIAN ST, GROTON, CT 06340. As of 12/05/06, Groton Municipal Employees FCU reported $6,835,058 in assets. The credit union currently has 1,191 members. It's Manager/CEO is Melissa S. Robinson. The credit unions website is www.grotonmefcu.com

Groton Municipal Employees Federal Credit Union is a member of the Connecticut Credit Union League.

Locations (2):

Groton Municipal Employees Federal Credit Union
P.O. Box 851, Groton, CT 06340
(860) 446-4121

Groton Municipal Employees Federal Credit Union
295 Meridian St, Groton, CT 06340
(860) 446-4121

Groton Municipal Employees FCU News:

Groton Municipal Employees Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $6,823,791
Total Loans: $5,050,287
Net Worth Ratio: 13.71
% Share Growth: -10.94
% Loan Growth: 6.02
Loans/Assets Ratio: 74
Investment/Assets Ratio: 22.49
Number of Members: 1,201
Number of Full-time Employees: 4

 In the year of 2006, Groton Municipal Employees Credit Union assets decreased by 0.09% and its membership increased by 0.01%. Groton Municipal Employees CU's membership increased by a total of 15 members. Assets decreased by the amount of $673,538. The total loan amounts went from $4,763,092 in 2005 to $5,050,287 in 2006. Their net worth ratio increased to 13.71. Groton Municipal Employees CU maintained their job opportunities at 4 by adding 0 employees.

As of December 31, 2005
Total Assets: $7,497,329
Total Loans: $4,763,092
Net Worth Ratio: 11.84
% Share Growth: 5.52
% Loan Growth: 2.87
Loans/Assets Ratio: 63.53
Investment/Assets Ratio: 33.76
Number of Members: 1,186
Number of Full-time Employees: 4

 In the year of 2005, Groton Municipal Employees Credit Union assets increased by 0.06% and its membership decreased by 0.01%. Groton Municipal Employees CU's membership decreased by a total of 5 members. Assets increased by the amount of $420,105. The total loan amounts went from $4,630,048 in 2004 to $4,763,092 in 2005. Their net worth ratio decreased slightly to 11.84. Groton Municipal Employees CU maintained their job opportunities at 4 by adding 0 employees.

As of December 31, 2004
Total Assets: $7,077,224
Total Loans: $4,630,048
Net Worth Ratio: 11.97
% Share Growth: 11.57
% Loan Growth: 17.98
Loans/Assets Ratio: 65.42
Investment/Assets Ratio: 31.03
Number of Members: 1,191
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:
  • Washington Typographic FCU is headquartered at 4626 Wisconsin Ave., N.W., Washington, DC 20016.
  • Housatonic Teachers FCU membership includes the employees of the Boards of Education in Derby, Milford, Seymour, Shelton, Stratford, and the employees of the Housatonic Community College.
  • Connecticut Labor Department Federal Credit Union membership extends to members related by blood, marriage or adoption. If you are a member, your family members can join, too.
  • FDIC FCU provides financial services to employees and retirees of the Federal Deposit Insurance Corporation (FDIC), Employees of the FDIC FCU, and contract employees who work regularly at an FDIC building in Washington, DC or Virginia.
  • 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:

Man pleads guilty in credit union robbery in city
Williamsport Sun Gazette - Feb 6, 2008
A man has pleaded guilty to taking part in last May’s robbery at the Horizon Federal Credit Union, 1007 E. Third St., court officials said.

Full Story: http://www.sungazette.com/page/content.detail/id/505244.html?nav=5052

Wings Financial to be Official Credit Union of Organization of Black Airline Pilots
Centre Daily Times - Feb 5, 2008
Wings Financial Federal Credit Union today announced that it has been selected by the Organization of Black Airline Pilots (OBAP) as its official credit union. As part of the agreement, Wings Financial and OBAP will jointly market the credit union's financial services to the OBAP membership and will work together on educational outreach efforts to young African Americans considering a career in ...

Full Story: http://www.centredaily.com/business/story/381040.html

Shelter says it will rescue threatened dogs
The Telegraph - Feb 04, 2008
EDWARDSVILLE — An animal organization today will rescue a pair of dogs that were slated to be destroyed after they mistakenly wandered into a Bethalto credit union.

Full Story: http://www.thetelegraph.com/news/dogs_10681___article.html/animal_control.html

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