Milford Federal Credit Union
Milford Federal Credit Union was chartered in 1956 and its charter number is 11058.
Milford Federal Credit Union's address registered with the NCUA
is 70 WEST RIVER STREET, MILFORD, CT 06460.
As of 10/13/06, Milford FCU reported $9,118,341 in assets.
The credit union currently has 1,964 members. It's Manager/CEO is Michael Rubenstein.
The credit unions website is www.cityankee.com/mfcu
Milford Federal Credit Union is a member of the Connecticut Credit Union League.
Mortgage Options
Locations (1):
Milford Federal Credit Union
70 W River St, Milford, CT 06460
(203) 877-0080
Milford FCU News:
Milford Credit Union Financial Evaluation
2006
Total Assets: $9,690,350
Total Loans: $2,100,350
Net Worth Ratio: 10.09
% Share Growth: 3.49
% Loan Growth: -1.33
Loans/Assets Ratio: 21.67
Investment/Assets Ratio: 72.32
Number of Members: 1,965
Number of Full-time Employees: 5
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In the year of 2006, Milford Credit Union assets increased by 0.03% and its membership decreased by 0.02%. Milford CU's members decreased by a total of 35 members. Assets increased by the amount of $323,737. The total loan amounts went from $2,128,855 in 2005 to $2,100,350 in 2006. Their net worth ratio decreased to 10.09. Milford CU maintained their job opportunities at 5 by adding 0 employees.
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2005
Total Assets: $9,366,613
Total Loans: $2,128,855
Net Worth Ratio: 10.15
% Share Growth: -1.16
% Loan Growth: 12.48
Loans/Assets Ratio: 22.72
Investment/Assets Ratio: 72.05
Number of Members: 2,000
Number of Full-time Employees: 5
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In the year of 2005, Milford Credit Union assets decreased by 0.01% and its membership increased by 0.03%. Milford CU's members increased by a total of 66 members. Assets decreased by the amount of $77,766. The total loan amounts went from $1,892,621 in 2004 to $2,128,855 in 2005. Their net worth ratio increased slightly to 10.15. Milford CU maintained their job opportunities at 5 by adding 0 employees.
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2004
Total Assets: $9,444,379
Total Loans: $1,892,621
Net Worth Ratio: 9.82
% Share Growth: -0.14
% Loan Growth: -16.03
Loans/Assets Ratio: 20.03
Investment/Assets Ratio: 76.54
Number of Members: 1,934
Number of Full-time Employees: 5
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