New London Municipal Employees Credit Union

New London Municipal ECU was chartered in 1953 and its charter number is 60480. New London Municipal Employees Credit Union's address registered with the NCUA is 111 UNION ST, NEW LONDON, CT 06320. As of 10/12/06, New London Municipal Employees CU reported $3,534,817 in assets. The credit union currently has 708 members. It's Manager/CEO is Barbara J. Paul. New London Municipal Employees Credit Union is a member of the Connecticut Credit Union League.

 
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Locations (1): New London Municipal Employees Credit Union
111 Union St, New London, CT 06320
(860) 447-1585

New London Municipal Employees CU News: New London Municipal Employees Credit Union Financial Evaluation

2006
Total Assets: $3,327,067
Total Loans: $2,242,678
Net Worth Ratio: 26.66
% Share Growth: -16.94
% Loan Growth: -0.17
Loans/Assets Ratio: 67.4
Investment/Assets Ratio: 31.93
Number of Members: 702
Number of Full-time Employees: 3

 In the year of 2006, New London Municipal Employees Credit Union assets decreased by 0.13% and its membership decreased by 0.02%. New London Municipal Employees CU's members decreased by a total of 16 members. Assets decreased by the amount of $478,362. The total loan amounts went from $2,246,641 in 2005 to $2,242,678 in 2006. Their net worth ratio increased to 26.66. New London Municipal Employees CU maintained their job opportunities at 3 by adding 0 employees.

2005
Total Assets: $3,805,429
Total Loans: $2,246,641
Net Worth Ratio: 22.63
% Share Growth: -11.58
% Loan Growth: -1.78
Loans/Assets Ratio: 59.03
Investment/Assets Ratio: 40.36
Number of Members: 718
Number of Full-time Employees: 3

 In the year of 2005, New London Municipal Employees Credit Union assets decreased by 0.08% and its membership decreased by 0.02%. New London Municipal Employees CU's members decreased by a total of 11 members. Assets decreased by the amount of $312,253. The total loan amounts went from $2,287,427 in 2004 to $2,246,641 in 2005. Their net worth ratio increased slightly to 22.63. New London Municipal Employees CU maintained their job opportunities at 3 by adding 0 employees.

2004
Total Assets: $4,117,682
Total Loans: $2,287,427
Net Worth Ratio: 19.27
% Share Growth: -8.88
% Loan Growth: 0.64
Loans/Assets Ratio: 55.55
Investment/Assets Ratio: 43.99
Number of Members: 729
Number of Full-time Employees: 3

  
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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