Credit Unions | Connecticut Credit Unions

New Britain Municipal Employees Credit Union:

New Britain Municipal ECU was chartered in 1953 and its charter number is 66059. New Britain Municipal Employees Credit Union's address registered with the NCUA is 27 WEST MAIN ST CITY HALL ROOM 40, NEW BRITAIN, CT 06051. As of 10/20/06, New Britain Municipal Employees CU reported $2,396,903 in assets. The credit union currently has 670 members. It's Manager/CEO is Josephine Berescik. The credit unions website is No Web Address Provided

New Britain Municipal Employees Credit Union is a member of the Connecticut Credit Union League.

Locations (1):

New Britain Municipal Credit Union
27 W Main St, New Britain, CT 06051
(860) 224-3018

New Britain Municipal Employees CU News:

New Britain Municipal Employees Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $2,255,243
Total Loans: $1,305,555
Net Worth Ratio: 22.64
% Share Growth: -8.15
% Loan Growth: -0.91
Loans/Assets Ratio: 57.88
Investment/Assets Ratio: 41.11
Number of Members: 665
Number of Full-time Employees: 2

In the year of 2006, New Britain Municipal Employees Credit Union assets decreased by 0.06% and its membership decreased by 0.06%. New Britain Municipal Employees CU's members decreased by a total of 42 members. Assets decreased by the amount of $149,842. The total loan amounts went from $1,317,597 in 2005 to $1,305,555 in 2006. Their net worth ratio increased to 22.64. New Britain Municipal Employees CU maintained their job opportunities at 2 by adding 0 employees.

As of December 31, 2005
Total Assets: $2,405,085
Total Loans: $1,317,597
Net Worth Ratio: 20.97
% Share Growth: -10.8
% Loan Growth: 7.78
Loans/Assets Ratio: 54.78
Investment/Assets Ratio: 43.95
Number of Members: 707
Number of Full-time Employees: 2

In the year of 2005, New Britain Municipal Employees Credit Union assets decreased by 0.09% and its membership decreased by 0.03%. New Britain Municipal Employees CU's members decreased by a total of 19 members. Assets decreased by the amount of $228,710. The total loan amounts went from $1,222,406 in 2004 to $1,317,597 in 2005. Their net worth ratio increased slightly to 20.97. New Britain Municipal Employees CU maintained their job opportunities at 2 by adding 0 employees.

As of December 31, 2004
Total Assets: $2,633,795
Total Loans: $1,222,406
Net Worth Ratio: 19.09
% Share Growth: -8.62
% Loan Growth: -6.56
Loans/Assets Ratio: 46.41
Investment/Assets Ratio: 52.39
Number of Members: 726
Number of Full-time Employees: 2

 

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

 

Other Credit Unions:
  • Stamford FCU membership is made up of employees of the City of Stamford and their immediate family members.
  • CHH CU is open to employees of Healthcare Facilities located in Northwest Connecticut.
  • Vendors Mutual Benefit Association Credit Union is headquarted in West Hartford, Connecticut.
  • CSP Employees FCU is headquarted in Somersville, Connecticut.
  • Charter Oak Federal Credit Union is a community credit union. Membership is open to anyone who lives, works, goes to school, volunteers, or worships in all cities and towns in New London County and Windham County, Connecticut.

Credit Union News:

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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

Snapshot
The Holland Sentinel - Feb 6, 2008
Todd Whiteman and Michele Cheney, from left, of United Federal Credit Union, recently presented Barb Pyle of MacMedia with a donation of 25 computers.

Full Story: http://hollandsentinel.com/stories/020608/local_20080206026.shtml

Police warn of phone scam
The Pantagraph - Feb 6, 2008
NORMAL � People are getting calls saying there is an issue with their credit union account, which police believe is a scam to get people to give their personal information for illegal financial gain, Normal police said Wednesday.

Full Story: http://www.pantagraph.com/articles/2008/02/07/news/doc47aa481d29908899616057.txt


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