Credit Unions | Connecticut Credit Unions

Ledge Light Federal Credit Union:

Ledge Light Federal Credit Union was chartered in 1983 and its charter number is 24029. Ledge Light Federal Credit Union's address registered with the NCUA is 60 COLVER AVENUE, GROTON, CT 06340. As of 12/01/06, Ledge Light FCU reported $140,798,682 in assets. The credit union currently has 12,691 members. It's Manager/CEO is Thomas J. Casey. The credit unions website is www.ledgelight.org

Ledge Light Federal Credit Union is a member of the Connecticut Credit Union League.

Ledge Light FCU News:

Ledge Light Federal Credit Union Locations (2):

Ledge Light Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $144,006,572
Total Loans: $71,100,725
Net Worth Ratio: 11.83
% Share Growth: 5.1
% Loan Growth: 5.91
Loans/Assets Ratio: 49.37
Investment/Assets Ratio: 46.2
Number of Members: 12,157
Number of Full-time Employees: 40

 In the year of 2006, Ledge Light Credit Union assets increased by 0.05% and its membership decreased by 0.08%. Ledge Light CU's membership decreased by a total of 1,112 members. Assets increased by the amount of $7,410,246. The total loan amounts went from $67,129,280 in 2005 to $71,100,725 in 2006. Their net worth ratio increased to 11.83. Ledge Light CU decreased their job opportunities to 40 by reducing 3 employees.

As of December 31, 2005
Total Assets: $136,596,326
Total Loans: $67,129,280
Net Worth Ratio: 11.71
% Share Growth: -1.23
% Loan Growth: 4.99
Loans/Assets Ratio: 49.14
Investment/Assets Ratio: 45.74
Number of Members: 13,269
Number of Full-time Employees: 43

 In the year of 2005, Ledge Light Credit Union assets decreased by 0.01% and its membership decreased by 0.25%. Ledge Light CU's membership decreased by a total of 4,522 members. Assets decreased by the amount of $182,875. The total loan amounts went from $63,937,497 in 2004 to $67,129,280 in 2005. Their net worth ratio increased slightly to 11.71. Ledge Light CU increased their job opportunities to 43 by adding 4 employees.

As of December 31, 2004
Total Assets: $136,779,201
Total Loans: $63,937,497
Net Worth Ratio: 10.7
% Share Growth: 6.17
% Loan Growth: 1.72
Loans/Assets Ratio: 46.74
Investment/Assets Ratio: 48.83
Number of Members: 17,791
Number of Full-time Employees: 39

  
In Connecticut, this credit union competes with Navy Federal Credit Union and other credit unions for your business.
 
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Other Credit Unions:
  • Stamford Postal Employees FCU membership is open to the employees of the United States Postal Employees in the Stamford/Greenwich area only, Electrolux Corporation, DHL Danzas Air & Ocean, Greenwich Housing Authority, and Connecticut Transit Employees.
  • MiddConn Municipal Federal Credit Union membership is open to employees who live, work, worship or attend school in Cromwell, Durham, East Hampton, Haddam, Middlefield, Middletown, and Portland including all the villages of each town.
  • American Eagle Federal Credit Union offers financial services to anyone who lives, works, worships, attends school, or works in Hartford County, Middlesex County, or Tolland County, Connecticut.
  • Mckesson FCU offers membership privileges to many employees of companies including residents of the south end of Stratford, CT.
  • DC Christian FCU is headquartered at 1500 9th ST., N.W., Washington, DC 20001.
Credit Union News:

Names and Faces
Portsmouth Herald - Feb 17, 2008
PORTSMOUTH — Service Credit Union announces new hires and staffing changes at seven locations. The Pease branch welcomes new member service representative Samantha Ellis. In Portsmouth, the corporate offices promoted Debbie Hawes from business...

Full Story: http://www.seacoastonline.com/apps/pbcs.dll/article?AID=/20080217/BIZ/802170329

Gone Phishin': E-mail scammers target Credit Union
University of South Florida Oracle - Feb 8, 2008
E-mail scammers are targeting users of the USF Federal Credit Union, so the Credit Union has issued a warning to prevent "phishers" from luring its customers into divulging personal information.

Full Story: http://media.www.usforacle.com/media/storage/paper880/news/2008/02/08/News/Gone-Phishin.EMail.Scammers.Target.Credit.Union-3198127.shtml

Two Companies Receive Employer of Distinction Award
Voice of the Common Man - Feb 8, 2008
The Newfoundland and Labrador Credit Union and PF Collins International Solutions have been named Newfoundland's Employer of Distinction. The award was presented by the provincial Employers Council yesterday in St. John's.

Full Story: http://www.vocm.com/news-info.asp?id=26532

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