Salem Italian-American Credit Union

Salem Italian-American Credit Union was chartered in 1954 and its charter number is 67893. Salem Italian-American Credit Union's address registered with the NCUA is P. O. BOX 734, SALEM, MA 01970. As of 10/30/06, Salem Italian-American CU reported $959,446 in assets. The credit union currently has 326 members. It's Manager/CEO is John B. Perroni Sr.. Salem Italian-American Credit Union is a member of the Massachusetts Credit Union League.

 
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Salem Italian-American Credit Union Financial Evaluation
2004
Total Assets: $949,286.00
Total Loans: $413,691.00
Net Worth Ratio: 23.35
% Share Growth: 16.53
% Loan Growth: 1.57
Loans/Assets Ratio: 43.57
Loans/Assets Ratio: 55.28
Numbers of Members: 349
Number of Full-time Employees: 9.5
 
2005
Total Assets: $922,551.00
Total Loans: $421,270.00
Net Worth Ratio: 24.3
% Share Growth: -4.66
% Loan Growth: 1.83
Loans/Assets Ratio: 45.66
Loans/Assets Ratio: 52.97
Numbers of Members: 346
Number of Full-time Employees: 2
 
2006
Total Assets: $994,731.00
Total Loans: $538,357.00
Net Worth Ratio: 22.81
% Share Growth: 9.83
% Loan Growth: 27.79
Loans/Assets Ratio: 54.12
Loans/Assets Ratio: 44.98
Numbers of Members: 373
Number of Full-time Employees: 19
 
 

May 24, 2012

 
 
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