Soundview Federal Credit Union

Soundview Federal Credit Union was chartered in 1980 and its charter number is 23659. Soundview Federal Credit Union's address registered with the NCUA is 14 RESEARCH DR, BETHEL, CT 06776. As of 10/11/06, Soundview FCU reported $27,504,700 in assets. The credit union currently has 5,912 members. It's Manager/CEO is Lucille Paladino. The credit unions website is www.soundviewfcu.org

Soundview Federal Credit Union is a member of the Connecticut Credit Union League.

 
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Soundview FCU News: Soundview Federal Credit Union Locations (2): Soundview Credit Union Financial Evaluation
2006
Total Assets: $25,936,758
Total Loans: $21,181,091
Net Worth Ratio: 16.4
% Share Growth: -4.29
% Loan Growth: 11.26
Loans/Assets Ratio: 81.66
Investment/Assets Ratio: 15.74
Number of Members: 5,819
Number of Full-time Employees: 12

In the year of 2006, Soundview Credit Union assets decreased by 0.03% and its membership decreased by 0.07%. Soundview CU's membership decreased by a total of 435 members. Assets decreased by the amount of $833,016. The total loan amounts went from $19,036,226 in 2005 to $21,181,091 in 2006. Their net worth ratio increased to 16.4. Soundview CU increased their job opportunities to 12 by adding 1 employee.

2005
Total Assets: $26,769,774
Total Loans: $19,036,226
Net Worth Ratio: 15.53
% Share Growth: -6.86
% Loan Growth: -3.61
Loans/Assets Ratio: 71.11
Investment/Assets Ratio: 26.37
Number of Members: 6,254
Number of Full-time Employees: 11

In the year of 2005, Soundview Credit Union assets decreased by 0.06% and its membership decreased by 0.10%. Soundview CU's membership decreased by a total of 662 members. Assets decreased by the amount of $1,534,481. The total loan amounts went from $19,750,030 in 2004 to $19,036,226 in 2005. Their net worth ratio increased slightly to 15.53. Soundview CU maintained their job opportunities at 11 by adding 0 employees.

2004
Total Assets: $28,304,255
Total Loans: $19,750,030
Net Worth Ratio: 14.2
% Share Growth: -1.45
% Loan Growth: 7.91
Loans/Assets Ratio: 69.77
Investment/Assets Ratio: 28.52
Number of Members: 6,916
Number of Full-time Employees: 11

 

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

August 21, 2014

 
 
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