Credit Unions | Connecticut Credit Unions

Lawrence Memorial Hospital Employee Federal Credit Union:

Lawrence Memorial Hospital Employee Federal Credit Union was chartered in 1959 and its charter number is 13305. Lawrence Memorial Hospital Employee Federal Credit Union's address registered with the NCUA is 365 MONTAUK AVENUE, NEW LONDON, CT 06320. As of 10/19/06, Lawrence Memorial Hospital Employee FCU reported $18,576,255 in assets. The credit union currently has 3,340 members. It's Manager/CEO is Frederick J. Quinn. The credit unions website is www.lmhospcu.com

Lawrence Memorial Hospital Employee Federal Credit Union is a member of the Connecticut Credit Union League.

Lawrence Memorial Hospital Employee FCU News:

Lawrence Memorial Hospital Employee Federal Credit Union Locations (2):

Lawrence Memorial Hospital Employees Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $18,532,881
Total Loans: $14,328,030
Net Worth Ratio: 20.17
% Share Growth: -3.46
% Loan Growth: 12.87
Loans/Assets Ratio: 77.31
Investment/Assets Ratio: 21.12
Number of Members: 3,359
Number of Full-time Employees: 7

In the year of 2006, Lawrence Memorial Hospital Employees Credit Union assets decreased by 0.01% and its membership increased by 0.02%. Lawrence Memorial Hospital Employees CU's membership increased by a total of 57 members. Assets decreased by the amount of $159,021. The total loan amounts went from $12,693,812 in 2005 to $14,328,030 in 2006. Their net worth ratio increased to 20.17. Lawrence Memorial Hospital Employees CU increased their job opportunities to 7 by adding 1 employee.

As of December 31, 2005
Total Assets: $18,691,902
Total Loans: $12,693,812
Net Worth Ratio: 18.41
% Share Growth: 0.67
% Loan Growth: 17.07
Loans/Assets Ratio: 67.91
Investment/Assets Ratio: 29.95
Number of Members: 3,302
Number of Full-time Employees: 6

In the year of 2005, Lawrence Memorial Hospital Employees Credit Union assets increased by 0.02% and its membership decreased by 0.01%. Lawrence Memorial Hospital Employees CU's membership decreased by a total of 7 members. Assets increased by the amount of $403,064. The total loan amounts went from $10,842,654 in 2004 to $12,693,812 in 2005. Their net worth ratio increased slightly to 18.41. Lawrence Memorial Hospital Employees CU maintained their job opportunities at 6 by adding 0 employees.

As of December 31, 2004
Total Assets: $18,288,838
Total Loans: $10,842,654
Net Worth Ratio: 17.08
% Share Growth: 0.03
% Loan Growth: 18.82
Loans/Assets Ratio: 59.28
Investment/Assets Ratio: 39.35
Number of Members: 3,309
Number of Full-time Employees: 6

 

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

 

Other Credit Unions:
  • Maricopa Santa Fe FCU serves the employees of Burlington Northern Santa Fe Railroad who work in or are supervised from Maricopa, Yuma, or Yavapai Counties, Arizona, their immediate families and organizations of such persons.
  • Faith Tabernacle Baptist Federal Credit Union is headquarted in Stamford, Connecticut.
  • Manchester Municipal FCU membership is only offered to municipal employees and retirees of the Town of Manchester and their extended families.
  • Curtis FCU is headquarted in Bridgeport, Connecticut.
  • Arizona Central CU (5) serves the employees, board members, and volunteers of other credit unions doing business in the State of Arizona, Arizona residents age 55 or older, Arizona residents who currently hold, or have held, membership in an out-of-state credit union, members of the Roman Catholic Church living within 25 miles of St. Mary's Basilica in Phoenix, AZ, members of the Baptist religion, members of the Church of Jesus Christ of Latter Day Saints (LDS)/Mormon religion, or individuals working for or who belong to one of more than 1,800 Credit Union Partners.

Credit Union News:

Business calendar
The Columbian - Feb 17, 2008
Business Success Seminar: For people interested in starting a new business or expanding an existing business. From 8 a.m.-4 p.m. at iQ Credit Union, 305 N.E. 81st St., Vancouver. $99. Advance registration is requested; walk-ins welcome. Call 360-573-9001 or visit www.scorevancouver.org.

Full Story: http://www.columbian.com/business/businessNews/2008/02/02172008_Business-calendar.cfm

CommunityAmerica merges, plans future organic growth
BizJournals - Feb 17, 2008
Dean Katerndahl of the Mid-America Regional Council couldn't find a financing partner for a MARC-sponsored home remodeling program until he called CommunityAmerica Credit Union.

Full Story: http://www.bizjournals.com/kansascity/stories/2008/02/18/focus2.html?ana=from_rss

U.S. Central Federal Credit Union of Lenexa takes $760 million markdown
The Kansas City Star - Feb 5, 2008
The subprime mortgage meltdown has seeped into yet another corner of the financial world. U.S. Central Federal Credit Union of Lenexa, which invests funds on behalf of the nation's regional credit unions, said it took a $760 million markdown on the $40 billion in investment securities it holds for sale.

Full Story: http://www.kansascity.com/business/companies/story/477132.html


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