Manchester Municipal Federal Credit Union

Manchester Municipal Federal Credit Union was chartered in 1960 and its charter number is 13602. Manchester Municipal Federal Credit Union's address registered with the NCUA is 479 MAIN STREET, MANCHESTER, CT 06040. As of 10/28,Manchester Municipal FCU reported $8,706,499 in assets. The credit union currently has 1,412 members. It's Manager/CEO is Lori Herrick. The credit unions website is www.mmfcu.net

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

 
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Locations (1): Manchester Municipal Federal Credit Union
479 Main St, Manchester, CT 06040
(860) 649-7922

Manchester Municipal FCU News: Manchester Municipal Credit Union Financial Evaluation

2006
Total Assets: $8,686,766
Total Loans: $7,007,030
Net Worth Ratio: 12.24
% Share Growth: 0.06
% Loan Growth: 4.87
Loans/Assets Ratio: 80.66
Investment/Assets Ratio: 17.85
Number of Members: 1,428
Number of Full-time Employees: 4

In the year of 2006, Manchester Municipal Credit Union assets increased by 0.02% and its membership increased by 0.03%. Manchester Municipal CU's membership increased by a total of 36 members. Assets increased by the amount of $139,051. The total loan amounts went from $6,681,336 in 2005 to $7,007,030 in 2006. Their net worth ratio increased to 12.24. Manchester Municipal CU maintained their job opportunities at 4 by adding 0 employees.

2005
Total Assets: $8,547,715
Total Loans: $6,681,336
Net Worth Ratio: 11.01
% Share Growth: 0.2
% Loan Growth: 5.96
Loans/Assets Ratio: 78.16
Investment/Assets Ratio: 20.56
Number of Members: 1,392
Number of Full-time Employees: 4

In the year of 2005, Manchester Municipal Credit Union assets increased by 0.02% and its membership increased by 0.04%. Manchester Municipal CU's membership increased by a total of 53 members. Assets increased by the amount of $128,697. The total loan amounts went from $6,305,521 in 2004 to $6,681,336 in 2005. Their net worth ratio increased slightly to 11.01. Manchester Municipal CU maintained their job opportunities at 4 by adding 0 employees.

2004
Total Assets: $8,419,018
Total Loans: $6,305,521
Net Worth Ratio: 9.8
% Share Growth: 0.98
% Loan Growth: 21.75
Loans/Assets Ratio: 74.89
Investment/Assets Ratio: 23.26
Number of Members: 1,339
Number of Full-time Employees: 4

 

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

July 23, 2014

 
 
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