Meriden Schools Federal Credit Union

Meriden Schools Federal Credit Union was chartered in 1936 and its charter number is 1049. Meriden Schools Federal Credit Union's address registered with the NCUA is 285 BROAD STREET, MERIDEN, CT 06450. As of 10/31,Meriden Schools FCU reported $36,514,069 in assets. The credit union currently has 4,896 members. It's Manager/CEO is Edward Hogan. The credit unions website is www.meridenschoolsfcu.com

Meriden Schools Federal Credit Union is a member of the Connecticut Credit Union League.

 
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Locations (1): Meriden Schools Federal Credit Union
285 Broad St, Meriden, CT 06450
(203) 237-6424

Meriden Schools FCU News: Meriden Schools Credit Union Financial Evaluation

2006
Total Assets: $37,430,773
Total Loans: $18,984,008
Net Worth Ratio: 11.42
% Share Growth: 15.69
% Loan Growth: 10.07
Loans/Assets Ratio: 50.71
Investment/Assets Ratio: 45.72
Number of Members: 4,918
Number of Full-time Employees: 11

In the year of 2006, Meriden Schools Credit Union assets increased by 0.13% and its membership increased by 0.01%. Meriden Schools CU's members increased by a total of 70 members. Assets increased by the amount of $4,934,346. The total loan amounts went from $17,246,851 in 2005 to $18,984,008 in 2006. Their net worth ratio decreased to 11.42. Meriden Schools CU maintained their job opportunities at 11 by adding 0 employees.

2005
Total Assets: $32,496,427
Total Loans: $17,246,851
Net Worth Ratio: 11.82
% Share Growth: -0.49
% Loan Growth: 15.96
Loans/Assets Ratio: 53.07
Investment/Assets Ratio: 43.52
Number of Members: 4,848
Number of Full-time Employees: 11

In the year of 2005, Meriden Schools Credit Union assets increased by 0.01% and its membership increased by 0.02%. Meriden Schools CU's members increased by a total of 114 members. Assets increased by the amount of $159,739. The total loan amounts went from $14,871,933 in 2004 to $17,246,851 in 2005. Their net worth ratio increased slightly to 11.82. Meriden Schools CU decreased their job opportunities to 11 by reducing 17 employees.

2004
Total Assets: $32,336,688
Total Loans: $14,871,933
Net Worth Ratio: 10.78
% Share Growth: 1.88
% Loan Growth: 11.64
Loans/Assets Ratio: 45.99
Investment/Assets Ratio: 50.78
Number of Members: 4,734
Number of Full-time Employees: 28

 

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

October 21, 2014

 
 
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