Mutual Security Credit Union

Mutual Security Credit Union was chartered in 1982 and its charter number is 68479. Mutual Security Credit Union's address registered with the NCUA is P.O. BOX 340, WILTON, CT 06897-0340. As of 10/26/06, Mutual Security CU reported $167,669,721 in assets. The credit union currently has 23,370 members. It's Manager/CEO is Larry F. Holderman. The credit unions website is www.mscu.net

Mutual Security Credit Union is a member of the Connecticut Credit Union League.

 
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Mutual Security CU News: Mutual Security Credit Union Locations (2): Mutual Security Credit Union Financial Evaluation
2006
Total Assets: $167,762,059
Total Loans: $131,936,905
Net Worth Ratio: 8.26
% Share Growth: 10.9
% Loan Growth: 26.65
Loans/Assets Ratio: 78.64
Investment/Assets Ratio: 16.33
Number of Members: 23,618
Number of Full-time Employees: 62

In the year of 2006, Mutual Security Credit Union assets increased by 0.09% and its membership increased by 0.06%. Mutual Security CU's members increased by a total of 1,379 members. Assets increased by the amount of $14,885,283. The total loan amounts went from $104,169,404 in 2005 to $131,936,905 in 2006. Their net worth ratio decreased to 8.26. Mutual Security CU maintained their job opportunities at 62 by adding 0 employees.

2005
Total Assets: $152,876,776
Total Loans: $104,169,404
Net Worth Ratio: 8.9
% Share Growth: 5.55
% Loan Growth: 29.15
Loans/Assets Ratio: 68.13
Investment/Assets Ratio: 26.87
Number of Members: 22,239
Number of Full-time Employees: 62

In the year of 2005, Mutual Security Credit Union assets increased by 0.07% and its membership increased by 0.07%. Mutual Security CU's members increased by a total of 1,526 members. Assets increased by the amount of $10,615,865. The total loan amounts went from $80,656,413 in 2004 to $104,169,404 in 2005. Their net worth ratio increased slightly to 8.9. Mutual Security CU increased their job opportunities to 62 by adding 10 employees.

2004
Total Assets: $142,260,911
Total Loans: $80,656,413
Net Worth Ratio: 8.88
% Share Growth: -1.06
% Loan Growth: 24.26
Loans/Assets Ratio: 56.69
Investment/Assets Ratio: 38.53
Number of Members: 20,713
Number of Full-time Employees: 52

 

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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