Hartford Municipal Employees Federal Credit Union

Hartford Municipal Employees Federal Credit Union was chartered in 1950 and its charter number is 6733. Hartford Municipal Employees Federal Credit Union's address registered with the NCUA is 443 FRANKLIN AVENUE, HARTFORD, CT 06114. As of 10/20/06, Hartford Municipal Employees FCU reported $14,320,384 in assets. The credit union currently has 3,167 members. It's Manager/CEO is Marco Signorello. The credit unions website is www.hmfcu.com

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

 
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Hartford Municipal Employees FCU News: Hartford Municipal Employees Federal Credit Union Locations (2): Hartford Municipal Employees Credit Union Financial Evaluation
2006
Total Assets: $15,349,731
Total Loans: $13,755,973
Net Worth Ratio: 8.82
% Share Growth: 21.84
% Loan Growth: 34.82
Loans/Assets Ratio: 89.61
Investment/Assets Ratio: 4.74
Number of Members: 3,241
Number of Full-time Employees: 7

In the year of 2006, Hartford Municipal Employees Credit Union assets increased by 0.18% and its membership decreased by 0.08%. Hartford Municipal Employees CU's membership decreased by a total of 287 members. Assets increased by the amount of $2,714,431. The total loan amounts went from $10,203,151 in 2005 to $13,755,973 in 2006. Their net worth ratio decreased to 8.82. Hartford Municipal Employees CU increased their job opportunities to 7 by adding 2 employees.

2005
Total Assets: $12,635,300
Total Loans: $10,203,151
Net Worth Ratio: 9.33
% Share Growth: 21.6
% Loan Growth: 24.63
Loans/Assets Ratio: 80.75
Investment/Assets Ratio: 12.46
Number of Members: 3,528
Number of Full-time Employees: 5

In the year of 2005, Hartford Municipal Employees Credit Union assets increased by 0.17% and its membership increased by 0.15%. Hartford Municipal Employees CU's membership increased by a total of 515 members. Assets increased by the amount of $2,182,331. The total loan amounts went from $8,186,511 in 2004 to $10,203,151 in 2005. Their net worth ratio decreased slightly to 9.33. Hartford Municipal Employees CU increased their job opportunities to 5 by adding 1 employee.

2004
Total Assets: $10,452,969
Total Loans: $8,186,511
Net Worth Ratio: 9.78
% Share Growth: 16.5
% Loan Growth: 17.64
Loans/Assets Ratio: 78.31
Investment/Assets Ratio: 16.4
Number of Members: 3,013
Number of Full-time Employees: 4

 

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

May 23, 2012

 
 
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