Credit Unions | Connecticut Credit Unions

South End Mutual Benefit Association Credit Union:

South End Mutual Benefit Association Credit Union was chartered in 1945 and its charter number is 65908. South End Mutual Benefit Association Credit Union's address registered with the NCUA is 84 DOUGLAS ST., HARTFORD, CT 06114. As of 10/24/06, South End Mutual Benefit Association CU reported $3,594,624 in assets. The credit union currently has 457 members. It's Manager/CEO is Abraham Sigal. The credit unions website is No Web Address Provided

South End Mutual Benefit Association Credit Union is a member of the Connecticut Credit Union League.

South End Mutual Benefit Association CU News:

South End Mutual Benefit Association Credit Union Locations (2):

South End Mutual Benefit Association Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $3,736,319
Total Loans: $2,497,065
Net Worth Ratio: 10.41
% Share Growth: -0.86
% Loan Growth: -0.82
Loans/Assets Ratio: 66.83
Investment/Assets Ratio: 31.93
Number of Members: 455
Number of Full-time Employees: 6

In the year of 2006, South End Mutual Benefit Association Credit Union assets decreased by 0.03% and its membership decreased by 0.03%. South End Mutual Benefit Association CU's membership decreased by a total of 15 members. Assets decreased by the amount of $97,471. The total loan amounts went from $2,517,802 in 2005 to $2,497,065 in 2006. Their net worth ratio increased to 10.41. South End Mutual Benefit Association CU increased their job opportunities to 6 by adding 1 employee.

As of December 31, 2005
Total Assets: $3,833,790
Total Loans: $2,517,802
Net Worth Ratio: 10.15
% Share Growth: -6.15
% Loan Growth: -3.54
Loans/Assets Ratio: 65.67
Investment/Assets Ratio: 33.43
Number of Members: 470
Number of Full-time Employees: 5

In the year of 2005, South End Mutual Benefit Association Credit Union assets decreased by 0.07% and its membership decreased by 0.07%. South End Mutual Benefit Association CU's membership decreased by a total of 35 members. Assets decreased by the amount of $260,614. The total loan amounts went from $2,610,366 in 2004 to $2,517,802 in 2005. Their net worth ratio increased slightly to 10.15. South End Mutual Benefit Association CU maintained their job opportunities at 5 by adding 0 employees.

As of December 31, 2004
Total Assets: $4,094,404
Total Loans: $2,610,366
Net Worth Ratio: 9.49
% Share Growth: 7.81
% Loan Growth: 14.72
Loans/Assets Ratio: 63.75
Investment/Assets Ratio: 35.42
Number of Members: 505
Number of Full-time Employees: 5

 

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:

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Delinquency rates at some Boston-area credit unions are among the highest in the nation, as members increasingly struggle to make credit card and mortgage payments.

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The Holland Sentinel - Feb 6, 2008
Todd Whiteman and Michele Cheney, from left, of United Federal Credit Union, recently presented Barb Pyle of MacMedia with a donation of 25 computers.

Full Story: http://hollandsentinel.com/stories/020608/local_20080206026.shtml

Aimbridge Enhances AimbridgeConnect Enterprise Lending Platform
Business Wire - Mar 3, 2008
WASHINGTON----Aimbridge® Lending Solutions, a provider of technology and premium services to credit unions across the country, announced at the CUNA Governmental Affairs Conference that it has expanded its enterprise lending platform, AimbridgeConnect™, to help credit unions better manage their entire loan portfolio production through one easy-to-use system.

Full Story: http://biz.yahoo.com/bw/080303/20080303005242.html%3f.v=1


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