New London Security Federal Credit Union

New London Security Federal Credit Union was chartered in 1936 and its charter number is 1300. New London Security Federal Credit Union's address registered with the NCUA is P.O. BOX 1591, NEW LONDON, CT 06320. As of 02/09/06, New London Security FCU reported $12,511,447 in assets. The credit union currently has 392 members. It's Manager/CEO is Mary Lou Richards. New London Security Federal Credit Union is a member of the Connecticut Credit Union League.

 
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New London Security FCU News: New London Security Federal Credit Union Locations (2): New London Security Credit Union Financial Evaluation
2006
Total Assets: $12,584,337
Total Loans: $193,239
Net Worth Ratio: 16.37
% Share Growth: -0.96
% Loan Growth: -2.38
Loans/Assets Ratio: 1.53
Investment/Assets Ratio: 95.62
Number of Members: 389
Number of Full-time Employees: 1

 In the year of 2006, New London Security Credit Union assets increased by 0.02% and its membership decreased by 0.02%. New London Security CU's members decreased by a total of 8 members. Assets increased by the amount of $227,777. The total loan amounts went from $197,966 in 2005 to $193,239 in 2006. Their net worth ratio increased to 16.37. New London Security CU maintained their job opportunities at 1 by adding 0 employees.

2005
Total Assets: $12,356,560
Total Loans: $197,966
Net Worth Ratio: 16.28
% Share Growth: -0.98
% Loan Growth: -16.56
Loans/Assets Ratio: 1.6
Investment/Assets Ratio: 97.63
Number of Members: 397
Number of Full-time Employees: 1

 In the year of 2005, New London Security Credit Union assets decreased by 0.01% and its membership decreased by 0.04%. New London Security CU's members decreased by a total of 14 members. Assets decreased by the amount of $74,082. The total loan amounts went from $237,266 in 2004 to $197,966 in 2005. Their net worth ratio increased slightly to 16.28. New London Security CU maintained their job opportunities at 1 by adding 0 employees.

2004
Total Assets: $12,430,642
Total Loans: $237,266
Net Worth Ratio: 13.97
% Share Growth: 0.64
% Loan Growth: 2.85
Loans/Assets Ratio: 1.9
Investment/Assets Ratio: 96.38
Number of Members: 411
Number of Full-time Employees: 1

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

May 18, 2010
 
 
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Full Story: http:a//biz.yahoo.com/bw/100223/20100223005785.html%3f.v=1

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