Credit Unions | Connecticut Credit Unions

Torrington Municipal and Teachers Federal Credit Union:

Torrington Municipal and Teachers Federal Credit Union was chartered in 1960 and its charter number is 14003. Torrington Municipal and Teachers Federal Credit Union's address registered with the NCUA is 777 EAST MAIN ST, TORRINGTON, CT 06790. As of 10/25/06, Torrington Municipal and Teachers FCU reported $20,157,349 in assets. The credit union currently has 5,232 members. It's Manager/CEO is Donna Marie A. Battistoni. The credit unions website is www.tmtfcu.org

Torrington Municipal and Teachers Federal Credit Union is a member of the Connecticut Credit Union League.

Torrington Municipal and Teachers FCU News:

Torrington Municipal and Teachers Federal Credit Union Locations (2):

Torrington Municipal and Teachers Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $20,999,957
Total Loans: $16,118,262
Net Worth Ratio: 9.25
% Share Growth: 9.96
% Loan Growth: 14.95
Loans/Assets Ratio: 76.75
Investment/Assets Ratio: 13.07
Number of Members: 5,386
Number of Full-time Employees: 11

 In the year of 2006, Torrington Municipal and Teachers Credit Union assets increased by 0.09% and its membership increased by 0.07%. Torrington Municipal and Teachers CU's membership increased by a total of 357 members. Assets increased by the amount of $1,809,071. The total loan amounts went from $14,021,652 in 2005 to $16,118,262 in 2006. Their net worth ratio decreased to 9.25.Torrington Municipal and Teachers CU increased their job opportunities to 11 by adding 2 employees.

As of December 31, 2005
Total Assets: $19,190,886
Total Loans: $14,021,652
Net Worth Ratio: 9.75
% Share Growth: 12.78
% Loan Growth: 12.51
Loans/Assets Ratio: 73.06
Investment/Assets Ratio: 16.3
Number of Members: 5,029
Number of Full-time Employees: 9

 In the year of 2005, Torrington Municipal and Teachers Credit Union assets increased by 0.11% and its membership increased by 0.10%. Torrington Municipal and Teachers CU's membership increased by a total of 525 members. Assets increased by the amount of $2,102,000. The total loan amounts went from $12,462,154 in 2004 to $14,021,652 in 2005. Their net worth ratio decreased slightly to 9.75. Torrington Municipal and Teachers CU increased their job opportunities to 9 by adding 2 employees.

As of December 31, 2004
Total Assets: $17,088,886
Total Loans: $12,462,154
Net Worth Ratio: 10.01
% Share Growth: 19.8
% Loan Growth: 32.66
Loans/Assets Ratio: 72.92
Investment/Assets Ratio: 16.8
Number of Members: 4,504
Number of Full-time Employees: 7

  
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:

Cops look for gunman who robbed credit union
Northwest Indiana Times - Feb 2, 2008
WINFIELD | The FBI and Lake County police are looking for a man who robbed Members Advantage Credit Union at gunpoint. FBI spokeswoman Wendy Osborne said agents and police are investigating whether the suspect is one of two men who robbed the same financial institution last month.

Full Story: http://www.thetimesonline.com/articles/2008/02/03/news/lake_county/docce2aed86522fce16862573e4000d12ab.txt

Denison man charged with Dallas area bank robberies
Sherman Herald Democrat - Feb 8, 2008
A federal grand jury in Dallas has returned an indictment charging Jim Wesley Davis, 56 of Denison with several bank and credit union robberies, some armed, in the Dallas area, announced U.S. Attorney Richard B. Roper of the Northern District of Texas.

Full Story: http://heralddemocrat.com/articles/2008/02/09/local_news/doc47ab17862a461164267013.txt

Credit unions raise funds to end hunger
The Lewiston Sun Journal - Feb 6, 2008
WESTBROOK - Maine's credit unions celebrated their efforts toward "thawing" out hunger in Maine at the January Thaw to End Hunger Celebration Event on Jan. 28 at the Maine Credit Union League.

Full Story: http://www.sunjournal.com/story/250669-3/LewistonAuburn/Credit_unions_raise_funds_to_end_hunger/

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