Miracle Faith Federal Credit Union

Miracle Faith Federal Credit Union was chartered in 1978 and its charter number is 23119. Miracle Faith Federal Credit Union's address registered with the NCUA is 754 MAIN STREET, MONROE, CT 06468. As of 11/08/06, Miracle Faith FCU reported $144,226 in assets. The credit union currently has 224 members. It's Manager/CEO is Veronica B. Garnett. Miracle Faith Federal Credit Union is a member of the Connecticut Credit Union League.

 
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Miracle Faith FCU News: Miracle Faith Federal Credit Union Locations (2): Miracle Faith Credit Union Financial Evaluation
2006
Total Assets: $142,295
Total Loans: $32,956
Net Worth Ratio: 10.72
% Share Growth: -7.42
% Loan Growth: 10.25
Loans/Assets Ratio: 23.16
Investment/Assets Ratio: 75.44
Number of Members: 220
Number of Full-time Employees: 0

In the year of 2006, Miracle Faith Credit Union assets decreased by 0.07% and its membership increased by 0.05%. Miracle Faith CU's members increased by a total of 10 members. Assets decreased by the amount of $9,918. The total loan amounts went from $29,891 in 2005 to $32,956 in 2006. Their net worth ratio increased to 10.72. Miracle Faith CU maintained their job opportunities at 0 by adding 0 employees.

2005
Total Assets: $152,213
Total Loans: $29,891
Net Worth Ratio: 9.96
% Share Growth: -1.75
% Loan Growth: 55.36
Loans/Assets Ratio: 19.63
Investment/Assets Ratio: 81.23
Number of Members: 210
Number of Full-time Employees: 0

In the year of 2005, Miracle Faith Credit Union assets decreased by 0.01% and its membership decreased by 0.15%. Miracle Faith CU's members decreased by a total of 36 members. Assets decreased by the amount of $1,385. The total loan amounts went from $19,239 in 2004 to $29,891 in 2005. Their net worth ratio increased slightly to 9.96. Miracle Faith CU maintained their job opportunities at 0 by adding 0 employees.

2004
Total Assets: $153,598
Total Loans: $19,239
Net Worth Ratio: 9.39
% Share Growth: -8.89
% Loan Growth: -23.13
Loans/Assets Ratio: 12.52
Investment/Assets Ratio: 86.13
Number of Members: 246
Number of Full-time Employees: 0

 

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

May 24, 2012

 
 
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