Credit Unions | Connecticut Credit Unions

Stamford Federal Credit Union:

Stamford Federal Credit Union was chartered in 1984 and its charter number is 24705. Stamford Federal Credit Union's address registered with the NCUA is 888 WASHINGTON BLVD, STAMFORD, CT 06901. As of 10/23/06, Stamford FCU reported $50,853,908 in assets. The credit union currently has 4,988 members. It's Manager/CEO is Raymond Dowling. The credit unions website is www.stamfordcu.org

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

Stamford FCU News:

Stamford Federal Credit Union Locations (2):

Stamford Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $52,558,661
Total Loans: $36,802,531
Net Worth Ratio: 15.07
% Share Growth: 8.14
% Loan Growth: 5.94
Loans/Assets Ratio: 70.02
Investment/Assets Ratio: 25.1
Number of Members: 5,068
Number of Full-time Employees: 14

 In the year of 2006, Stamford Credit Union assets increased by 0.07% and its membership increased by 0.03%. Stamford CU's membership increased by a total of 146 members. Assets increased by the amount of $3,749,845. The total loan amounts went from $34,736,886 in 2005 to $36,802,531 in 2006. Their net worth ratio decreased to 15.07. Stamford CU increased their job opportunities to 14 by adding 1 employee.

As of December 31, 2005
Total Assets: $48,808,816
Total Loans: $34,736,886
Net Worth Ratio: 15.53
% Share Growth: -0.08
% Loan Growth: 1.07
Loans/Assets Ratio: 71.16
Investment/Assets Ratio: 23.87
Number of Members: 4,922
Number of Full-time Employees: 13

 In the year of 2005, Stamford Credit Union assets increased by 0.01% and its membership increased by 0.07%. Stamford CU's membership increased by a total of 357 members. Assets increased by the amount of $595,401. The total loan amounts went from $34,365,948 in 2004 to $34,736,886 in 2005. Their net worth ratio increased slightly to 15.53. Stamford CU maintained their job opportunities at 13 by adding 0 employees.

As of December 31, 2004
Total Assets: $48,213,415
Total Loans: $34,365,948
Net Worth Ratio: 15.04
% Share Growth: -4.15
% Loan Growth: 7.74
Loans/Assets Ratio: 71.27
Investment/Assets Ratio: 24.13
Number of Members: 4,565
Number of Full-time Employees: 13

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

 
Other Credit Unions:
  • FRB FCU serves current and retired employees of the Federal Reserve Board; employees of the Federal Reserve Banks permanently stationed in Washington, D.C.; the Board of Governors of the Federal Reserve System; and employees of the credit union.
  • Pepco Federal Credit Union serves permanent full time employees of the Potomac Electric Power Company or its corporate Affiliates who work in Washington DC, Maryland, or Virginia.
  • Wepawaug-Flagg FCU is open to the employees of the boards of education of Ansonia, Hamden, Orange, Woodbridge, Bethany, North Haven, and Cheshire, Connecticut and other private and public schools.
  • First Corporate Credit Union provides cost-effective and reliable products and services to credit unions in Arizona.
  • Bridgeport Post Office FCU is headquarted in Bridgeport, Connecticut.
Credit Union News:

PSCU adds local to board
The Fort Collins Coloradoan - Feb 6, 2008
Bob Hoel of Windsor, former chairman of Norlarco Credit Union in the late 1980s, has been named to Public Service Credit Union's board of directors as the transition to PSCU continues.

Full Story: http://www.coloradoan.com/apps/pbcs.dll/article?AID=/20080206/BUSINESS/802060329

Fort Mill man convicted in pipe-bomb scheme
The State - Feb 2, 2008
An 18-year-old Fort Mill man has been convicted for his role in a scheme to plant pipe bombs at a Charlotte school to provide a diversion while a group of men robbed Founders Credit Union. Steven Michael Eddington was convicted Thursday of conspiracy to rob a bank, possession of explosive devices and other charges, Assistant U.S. Attorney Kevin McDonald said. Eddington’s father, Timothy Wayne ...

Full Story: http://www.thestate.com/local/story/305620.html

Pay-out for credit union customers
Channel 4 - Feb 6, 2008
Thousands of people who lost their savings when two credit unions collapsed will receive compensation, it has been announced.

Full Story: http://www.channel4.com/news/articles/business_money/payout+for+credit+union+customers/1497547

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