IC Federal Credit Union:

IC Federal Credit Union was chartered in 1986 and its charter number is 24250. IC Federal Credit Union's address registered with the NCUA is 300 BEMIS RD, FITCHBURG, MA 01420. As of 10/24/06, IC FCU reported $310,330,029 in assets. The credit union currently has 20,666 members. It's Manager/CEO is Norman J. Boudreau. The credit unions website is www.iccreditunion.com

IC Federal Credit Union is a member of the Massachusetts Credit Union League.

IC Federal Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $298,975,687.00
Total Loans: $264,305,053.00
Net Worth Ratio: 9.81
% Share Growth: 2.07
% Loan Growth: 18.18
Loans/Assets Ratio: 88.4
Loans/Assets Ratio: 7.79
Numbers of Members: 21,373
Number of Full-time Employees: 6
 
As of December 31, 2005
Total Assets: $315,833,950.00
Total Loans: $283,335,282.00
Net Worth Ratio: 9.25
% Share Growth: 1.57
% Loan Growth: 7.2
Loans/Assets Ratio: 89.71
Loans/Assets Ratio: 6.59
Numbers of Members: 21,205
Number of Full-time Employees: 3.5
 
As of December 31, 2006
Total Assets: $314,278,598.00
Total Loans: $289,968,919.00
Net Worth Ratio: 9.54
% Share Growth: 1.7
% Loan Growth: 2.34
Loans/Assets Ratio: 92.26
Loans/Assets Ratio: 3.62
Numbers of Members: 20,549
Number of Full-time Employees: 31
 
 

 
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