Mill Town Credit Union:

Mill Town Credit Union was chartered in 1939 and its charter number is 68222. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Mill Town Credit Union's address registered with the NCUA is 2516 WEST MARINE VIEW DRIVE, EVERETT, WA 98201. As of 10/18/06 Mill Town CU reported $36,192,357 in assets. The credit union currenly has 2,435 members. It's Manager/CEO is Laura D. Leuze. The credit unions website is www.milltowncu.org. Mill Town Credit Union is a member of the California Credit Union League .

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Mill Town Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $39,335,573.00
Total Loans: $12,448,288.00
Net Worth Ratio: 20.84
% Share Growth: 1.65
% Loan Growth: 1.76
Loans/Assets Ratio: 31.64
Loans/Assets Ratio: 67.38
Numbers of Members: 2,345
Number of Full-time Employees: 7 		 
As of December 31, 2005
Total Assets: $36,485,360.00
Total Loans: $13,100,434.00
Net Worth Ratio: 23.86
% Share Growth: -10.89
% Loan Growth: 5.23
Loans/Assets Ratio: 35.9
Loans/Assets Ratio: 62.77
Numbers of Members: 2306
Number of Full-time Employees: 8 		 
As of December 31, 2006
Total Assets: $35,456,770.00
Total Loans: $17,561,421.00
Net Worth Ratio: 25.74
% Share Growth: -5.39
% Loan Growth: 34.05
Loans/Assets Ratio: 49.52
Loans/Assets Ratio: 49.53
Numbers of Members: 2,404
Number of Full-time Employees: 8 		 
 
 
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Credit Union News:

The dress down to raise some money
The Reporter - Feb 6, 2008
Borrowing an approach to "casual Fridays," Financial Resources Federal Credit Union established "Jeans Day Friday" in 2005 whereby on the last Friday of every month the credit union's employees are permitted to wear jeans by contributing at least $5 to a fund maintained by Financial Resources FCU Foundation for the benefit of an organization.

Full Story: http://www.nj.com/business/reporter/index.ssf?/base/business-0/120231752688370.xml&coll=13

Economy woes hit credit unions
BizJournals - Feb 17, 2008
Delinquency rates at some Boston-area credit unions are among the highest in the nation, as members increasingly struggle to make credit card and mortgage payments.

Full Story: http://www.bizjournals.com/boston/stories/2008/02/18/story3.html?ana=from_rss

First Florida Credit Union completes merger
BizJournals - Feb 6, 2008
First Florida Credit Union has completed a merger with the Department of Highway Safety and Motor Vehicles Credit Union (DHSMV CU).

Full Story: http://www.bizjournals.com/jacksonville/stories/2008/02/04/daily13.html?ana=from_rss

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