Credit Unions | Connecticut Credit Unions

Northwest Hills Credit Union:

Northwest Hills Credit Union was chartered in 1954 and its charter number is 65803. Northwest Hills Credit Union's address registered with the NCUA is 339 NORTH ELM ST., TORRINGTON, CT 06790. As of 10/18/06, Northwest Hills Credit Union reported $22,785,180 in assets. The credit union currently has 6,396 members. It's Manager/CEO is Paul Rougeot. The credit unions website is nwhcu.com

Northwest Hills Credit Union is a member of the Connecticut Credit Union League.

Northwest Hills Credit Union News:

Northwest Hills Credit Union Locations (2):

Northwest Hills Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $23,046,917
Total Loans: $16,934,713
Net Worth Ratio: 10.65
% Share Growth: 5.59
% Loan Growth: 20.28
Loans/Assets Ratio: 73.47
Investment/Assets Ratio: 20.08
Number of Members: 6,372
Number of Full-time Employees: 11

 In the year of 2006, Northwest Hills Credit Union assets increased by 0.05% and its membership decreased by 0.02%. Northwest Hills CU's members decreased by a total of 150 members. Assets increased by the amount of $1,223,454. The total loan amounts went from $14,078,633 in 2005 to $16,934,713 in 2006. Their net worth ratio increased to 10.65. Northwest Hills CU maintained their job opportunities at 11 by adding 0 employees.

As of December 31, 2005
Total Assets: $21,823,463
Total Loans: $14,078,633
Net Worth Ratio: 9.06
% Share Growth: -1.33
% Loan Growth: 15.43
Loans/Assets Ratio: 64.51
Investment/Assets Ratio: 26.6
Number of Members: 6,522
Number of Full-time Employees: 11

 In the year of 2005, Northwest Hills Credit Union assets decreased by 0.01% and its membership decreased by 0.14%. Northwest Hills CU's members decreased by a total of 1,056 members. Assets decreased by the amount of $202,945. The total loan amounts went from $12,196,481 in 2004 to $14,078,633 in 2005. Their net worth ratio decreased slightly to 9.06. Northwest Hills CU decreased their job opportunities to 11 by reducing 1 employee.

As of December 31, 2004
Total Assets: $22,026,408
Total Loans: $12,196,481
Net Worth Ratio: 10.41
% Share Growth: 3.77
% Loan Growth: -0.77
Loans/Assets Ratio: 55.37
Investment/Assets Ratio: 37.67
Number of Members: 7,578
Number of Full-time Employees: 12

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

 
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Credit Union News:

Newport News man charged in Virginia Educators Credit Union robberies
Daily Press - Feb 25, 2010
NEWPORT NEWS — A 48-year-old Newport News man was charged Thursday for robbing the Virginia Educators Credit Union twice this year, according to police.

Full Story: http:a//www.dailypress.com/news/dp-local_bank-robber_0226feb26,0,2897443.story%3ftrack=rss

Credit union vs. bank: Is it time to make the leap?
The Oregonian - Feb 22, 2010
IT'S ONLY MONEY: People are depositing money in credit unions at a higher rate than banks. Here's why.

Full Story: http://blog.oregonlive.com/finance/2010/02/credit_union_vs_bank_is_it_tim.html

Credit union honors stars' contributions
Poughkeepsie Journal - Feb 24, 2010
The Hudson Valley Federal Credit Union celebrated Black History Month with a star-studded tribute to black Hollywood at the Poughkeepsie Grand Hotel on Tuesday morning.

Full Story: http:a//www.poughkeepsiejournal.com/article/20100224/NEWS01/2240326/1006/RSS01

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