HCTA Federal Credit Union:

HCTA Federal Credit Union was chartered in 1953 and its charter number is 8642. HCTA Federal Credit Union's address registered with the NCUA is 3454 ELLICOTT CENTER DRIVE, ELLICOTT CITY, MD 21043. As of 10/26/06, HCTA FCU reported $14,987,174 in assets. The credit union currently has 3,461 members. It's Manager/CEO is Lorraine Malinowski. The credit unions website is info@hctafcu.org

HCTA Federal Credit Union is a member of the Maryland Credit Union League.


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HCTA Federal Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $17,024,776.00
Total Loans: $8,954,864.00
Net Worth Ratio: 11.35
% Share Growth: 1.94
% Loan Growth: 21.62
Loans/Assets Ratio: 52.59
Loans/Assets Ratio: 46.79
Numbers of Members: 3,456
Number of Full-time Employees: 4.5
 
As of December 31, 2005
Total Assets: $16,527,491.00
Total Loans: $9,022,738.00
Net Worth Ratio: 12.33
% Share Growth: -4.17
% Loan Growth: 0.75
Loans/Assets Ratio: 54.59
Loans/Assets Ratio: 44.77
Numbers of Members: 3,431
Number of Full-time Employees: 4.5
 
As of December 31, 2006
Total Assets: $15,306,261.00
Total Loans: $9,901,375.00
Net Worth Ratio: 13.65
% Share Growth: -8.98
% Loan Growth: 9.73
Loans/Assets Ratio: 64.68
Loans/Assets Ratio: 34.6
Numbers of Members: 3,451
Number of Full-time Employees: 6
 
 

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

 
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Credit Union News:

Teens Running Credit Union inside High School
WSYR 9 Syracuse - Feb 8, 2008
High school students with a little extra cash in some area schools now have the option of opening checking and savings accounts inside their school.

Full Story: http://www.9wsyr.com/news/local/story.aspx?content_id=742c7a3c-f1df-4401-a21a-4f1aa9f37412&rss=112

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

Economy woes hit credit unions
BizJournals - Feb 17, 2008
Delinquency rates at some Boston-area credit unions are among the highest in the nation, as members increasingly struggle to make credit card and mortgage payments.

Full Story: http://www.bizjournals.com/boston/stories/2008/02/18/story3.html?ana=from_rss


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