Technology Groups Federal Credit Union

Technology Groups Federal Credit Union was chartered in 1935 and its charter number is 437. Technology Groups Federal Credit Union's address registered with the NCUA is PO BOX 2329, WATERBURY, CT 06722. As of 12/13/06, Technology Groups FCU reported $26,351,849 in assets. The credit union currently has 6,390 members. It's Manager/CEO is Raymond Alexander. The credit unions website is www.tgfcu.org

Technology Groups Federal Credit Union is a member of the Connecticut Credit Union League.

 
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Technology Groups FCU News: Technology Groups Federal Credit Union Locations (2): Technology Groups Credit Union Financial Evaluation
2006
Total Assets: $26,372,505
Total Loans: $8,544,486
Net Worth Ratio: 19.13
% Share Growth: -1.61
% Loan Growth: 1.41
Loans/Assets Ratio: 32.39
Investment/Assets Ratio: 65.51
Number of Members: 6,367
Number of Full-time Employees: 8

In the year of 2006, Technology Groups Credit Union assets increased by 0.01% and its membership decreased by 0.02%. Technology Groups CU's membership decreased by a total of 147 members. Assets increased by the amount of $66,148. The total loan amounts went from $8,425,504 in 2005 to $8,544,486 in 2006. Their net worth ratio increased to 19.13. Technology Groups CU maintained their job opportunities at 8 by adding 0 employees.

2005
Total Assets: $26,306,357
Total Loans: $8,425,504
Net Worth Ratio: 17.52
% Share Growth: -4
% Loan Growth: 3.07
Loans/Assets Ratio: 32.02
Investment/Assets Ratio: 65.9
Number of Members: 6,514
Number of Full-time Employees: 8

In the year of 2005, Technology Groups Credit Union assets decreased by 0.02% and its membership decreased by 0.07%. Technology Groups CU's membership decreased by a total of 452 members. Assets decreased by the amount of $601,029. The total loan amounts went from $8,173,947 in 2004 to $8,425,504 in 2005. Their net worth ratio increased slightly to 17.52. Technology Groups CU increased their job opportunities to 8 by adding 1 employee.

2004
Total Assets: $26,907,386
Total Loans: $8,173,947
Net Worth Ratio: 16.31
% Share Growth: 8.74
% Loan Growth: 7.62
Loans/Assets Ratio: 30.37
Investment/Assets Ratio: 67.88
Number of Members: 6,966
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 25, 2012

 
 
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