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.
 
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Credit Union News:

Credit union opens inside high school
WTNH-TV New Haven - Feb 25, 2010
It's not any old bank opening that gets a marching band, but this is not any old bank.

Full Story: http:a//www.wtnh.com/dpp/news/business/credit-union-opens-inside-high-school

Local credit union gets strong rating
The Pantagraph - Mar 04, 2010
BLOOMINGTON -- The Bloomington Municipal Credit Union hasreceived the highest possible accreditation rating from the state'sDepartment of Financial & Professional Regulation per thefindings of the recent exam.

Full Story: http:a//www.pantagraph.com/business/local/0d2fae48-2797-11df-a80e-001cc4c03286.html

Direct Fed Payment Solutions Emerges as the Premier Check Processing Alternative at Credit Union National Association ...
redOrbit - Feb 26, 2010
LOS ANGELES, Feb.

Full Story: http:a//www.redorbit.com/news/technology/1828894/direct_fed_payment_solutions_emerges_as_the_premier_check_processing/index.html%3fsource=r_technology

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