Norwalk Telephone Employees Federal Credit Union

Norwalk Telephone Employees Federal Credit Union was chartered in 1941 and its charter number is 4303. Norwalk Telephone Employees Federal Credit Union's address registered with the NCUA is P O BOX 607, NORWALK, CT 06852. As of 10/26/06, Norwalk Telephone Employees FCU reported $21,361,825 in assets. The credit union currently has 2,946 members. It's Manager/CEO is Edward J. Robertine. The credit unions website is www.ntefcu.org

Norwalk Telephone Employees Federal Credit Union is a member of the Connecticut Credit Union League.

 
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Norwalk Telephone Employees FCU News: Norwalk Telephone Employees Federal Credit Union Locations (2): Norwalk Telephone Employees Credit Union Financial Evaluation
2006
Total Assets: $20,965,857
Total Loans: $7,178,621
Net Worth Ratio: 20.34
% Share Growth: -9.79
% Loan Growth: -4.28
Loans/Assets Ratio: 34.23
Investment/Assets Ratio: 62.02
Number of Members: 2,886
Number of Full-time Employees: 7

In the year of 2006, Norwalk Telephone Employees Credit Union assets decreased by 0.08% and its membership decreased by 0.04%. Norwalk Telephone Employees CU's members decreased by a total of 114 members. Assets decreased by the amount of $1,703,162. The total loan amounts went from $7,500,066 in 2005 to $7,178,621 in 2006. Their net worth ratio increased to 20.34. Norwalk Telephone Employees CU maintained their job opportunities at 7 by adding 0 employees.

2005
Total Assets: $22,669,019
Total Loans: $7,500,066
Net Worth Ratio: 18.67
% Share Growth: 2.17
% Loan Growth: -15.12
Loans/Assets Ratio: 33.08
Investment/Assets Ratio: 63.3
Number of Members: 3,000
Number of Full-time Employees: 7

In the year of 2005, Norwalk Telephone Employees Credit Union assets increased by 0.02% and its membership decreased by 0.03%. Norwalk Telephone Employees CU's members decreased by a total of 78 members. Assets increased by the amount of $412,085. The total loan amounts went from $8,837,077 in 2004 to $7,500,066 in 2005. Their net worth ratio decreased slightly to 18.67. Norwalk Telephone Employees CU maintained their job opportunities at 7 by adding 0 employees.

2004
Total Assets: $22,256,934
Total Loans: $8,837,077
Net Worth Ratio: 18.87
% Share Growth: -2.65
% Loan Growth: -9
Loans/Assets Ratio: 39.7
Investment/Assets Ratio: 57.61
Number of Members: 3,078
Number of Full-time Employees: 7

 

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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