Credit Unions | Connecticut Credit Unions

Middconn Municipal Federal Credit Union:

Middconn Municipal Federal Credit Union was chartered in 1959 and its charter number is 13112. Middconn Municipal Federal Credit Union's address registered with the NCUA is 213 COURT STREET SUITE 101, MIDDLETOWN, CT 06457. As of 11/15/06, Middconn Municipal FCU reported $14,916,722 in assets. The credit union currently has 2,529 members. It's Manager/CEO is Barbara R. Thorpe. The credit unions website is www.middconn.com

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

Middconn Municipal FCU News:

Middconn Municipal Federal Credit Union Locations (2):

MiddConn Municipal Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $15,199,781
Total Loans: $9,153,320
Net Worth Ratio: 11.53
% Share Growth: 6.13
% Loan Growth: 6.05
Loans/Assets Ratio: 60.22
Investment/Assets Ratio: 37.49
Number of Members: 2,532
Number of Full-time Employees: 7

 In the year of 2006, MiddConn Municipal Credit Union assets increased by 0.06% and its membership increased by 0.01%. MiddConn Municipal CU's members increased by a total of 36 members. Assets increased by the amount of $894,103. The total loan amounts went from $8,630,517 in 2005 to $9,153,320 in 2006. Their net worth ratio increased to 11.53. MiddConn Municipal CU maintained their job opportunities at 7 by adding 0 employees.

As of December 31, 2005
Total Assets: $14,305,678
Total Loans: $8,630,517
Net Worth Ratio: 11.24
% Share Growth: 5.85
% Loan Growth: 7.47
Loans/Assets Ratio: 60.32
Investment/Assets Ratio: 37.35
Number of Members: 2,496
Number of Full-time Employees: 7

 In the year of 2005, MiddConn Municipal Credit Union assets increased by 0.06% and its membership increased by 0.02%. MiddConn Municipal CU's members increased by a total of 48 members. Assets increased by the amount of $831,195. The total loan amounts went from $8,030,344 in 2004 to $8,630,517 in 2005. Their net worth ratio increased slightly to 11.24. MiddConn Municipal CU maintained their job opportunities at 7 by adding 0 employees.

As of December 31, 2004
Total Assets: $13,474,483
Total Loans: $8,030,344
Net Worth Ratio: 10.81
% Share Growth: -2.72
% Loan Growth: -0.55
Loans/Assets Ratio: 59.59
Investment/Assets Ratio: 37.79
Number of Members: 2,448
Number of Full-time Employees: 7

  
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:

MCT Credit Union holding vote on changing deposit insurer
Port Arthur News - Feb 2, 2008
MCT Credit Union has proposed changing from the National Credit Union Administration, an independent federal agency that charters and supervises federal credit unions, to American Share Insurance. ASI is out of Ohio and is a private insurance company that provides primary and excess share, or deposit, insurance exclusively to credit unions.

Full Story: http://www.panews.com/local/local_story_033225133.html

VFCU expands in Cameron County
The Brownsville Herald - Feb 17, 2008
VFCU, a member-owned cooperative financial institution since 1935, has expanded services to include all Cameron County residents.

Full Story: http://www.brownsvilleherald.com/news/promotion_84497___article.html/vfcu_home.html

Coulee Dam Credit Union warns customers about phone, online scam artists
The Chronicle - Feb 6, 2008
Coulee Dam Credit Union is warning local citizens of schemes used by identity thieves. The latest local scam has come in the form of "vishing." Vishing is the term for "voice fishing," a phenomenon on the rise due to the proliferation of voice over Internet protocol (voip) phones.

Full Story: http://www.omakchronicle.com/nws/n080206a.shtml

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