United Business & Industry Federal Credit Union

United Business & Industry Federal Credit Union was chartered in 1951 and its charter number is 7244. United Business & Industry Federal Credit Union's address registered with the NCUA is 120 WOODFORD AVE, PLAINVILLE, CT 06062. As of 10/18/06, United Business & Industry FCU reported $48,562,203 in assets. The credit union currently has 7,908 members. It's Manager/CEO is Robert G. Eggleston Jr.. The credit unions website is www.ubifcu@ubifcu.com

United Business & Industry Federal Credit Union is a member of the Connecticut Credit Union League.

 
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United Business & Industry FCU News: United Business & Industry Federal Credit Union Locations (2): United Business & Industry Credit Union Financial Evaluation
2006
Total Assets: $51,772,642
Total Loans: $20,411,147
Net Worth Ratio: 11.33
% Share Growth: 0.17
% Loan Growth: 1.77
Loans/Assets Ratio: 39.42
Investment/Assets Ratio: 50.48
Number of Members: 7,848
Number of Full-time Employees: 25

In the year of 2006, United Business & Industry Credit Union assets increased by 0.01% and its membership decreased by 0.05%. United Business & Industry CU's membership decreased by a total of 398 members. Assets increased by the amount of $312,983. The total loan amounts went from $20,055,386 in 2005 to $20,411,147 in 2006. Their net worth ratio increased to 11.33. United Business & Industry CU increased their job opportunities to 25 by adding 2 employees.

2005
Total Assets: $51,459,659
Total Loans: $20,055,386
Net Worth Ratio: 10.95
% Share Growth: -4.11
% Loan Growth: 1.46
Loans/Assets Ratio: 38.97
Investment/Assets Ratio: 51.26
Number of Members: 8,246
Number of Full-time Employees: 23

In the year of 2005, United Business & Industry Credit Union assets decreased by 0.03% and its membership decreased by 0.06%. United Business & Industry CU's membership decreased by a total of 516 members. Assets decreased by the amount of $1,638,720. The total loan amounts went from $19,766,323 in 2004 to $20,055,386 in 2005. Their net worth ratio increased slightly to 10.95. United Business & Industry CU decreased their job opportunities to 23 by reducing 3 employees.

2004
Total Assets: $53,098,379
Total Loans: $19,766,323
Net Worth Ratio: 10.23
% Share Growth: -1.43
% Loan Growth: -8.53
Loans/Assets Ratio: 37.22
Investment/Assets Ratio: 53.12
Number of Members: 8,762
Number of Full-time Employees: 26

 

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

August 19, 2014

 
 
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