Credit Unions | Connecticut Credit Unions

Vendors Mutual Benefit Association Credit Union:

Vendors Mutual Benefit Association Credit Union was chartered in 1952 and its charter number is 5496. Vendors Mutual Benefit Association Credit Union's address registered with the NCUA is P.O. BOX 270153, WEST HARTFORD, CT 06107. As of 02/07/05, Vendors Mutual Benefit Association CU reported $100,039 in assets. The credit union currently has 97 members. It's Manager/CEO is Frank J. Librio. The credit unions website is No Web Address Provided

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

Vendors Mutual Benefit Association CU News:

Vendors Mutual Benefit Association Credit Union Locations (2):

Vendors Mutual Benefit Association Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $91,099
Total Loans: $33,363
Net Worth Ratio: 42.79
% Share Growth: -30.5
% Loan Growth: -47.42
Loans/Assets Ratio: 36.62
Investment/Assets Ratio: 65.81
Number of Members: 97
Number of Full-time Employees: 1

In the year of 2006, Vendors Mutual Benefit Association Credit Union assets decreased by 0.25% and its membership decreased by 0.19%. Vendors Mutual Benefit Association CU's membership decreased by a total of 23 members. Assets decreased by the amount of $30,798. The total loan amounts went from $63,455 in 2005 to $33,363 in 2006. Their net worth ratio increased to 42.79. Vendors Mutual Benefit Association CU maintained their job opportunities at 1 by adding 0 employees.

As of December 31, 2005
Total Assets: $121,897
Total Loans: $63,455
Net Worth Ratio: 37.38
% Share Growth: 0.4
% Loan Growth: 3.06
Loans/Assets Ratio: 52.05
Investment/Assets Ratio: 49.45
Number of Members: 120
Number of Full-time Employees: 1

In the year of 2005, Vendors Mutual Benefit Association Credit Union assets decreased by 0.05% and its membership decreased by 0.20%. Vendors Mutual Benefit Association CU's membership decreased by a total of 30 members. Assets decreased by the amount of $5,719. The total loan amounts went from $61,568 in 2004 to $63,455 in 2005. Their net worth ratio decreased slightly to 37.38. Vendors Mutual Benefit Association CU maintained their job opportunities at 1 by adding 0 employees.

As of December 31, 2004
Total Assets: $127,616
Total Loans: $61,568
Net Worth Ratio: 40.73
% Share Growth: -10.34
% Loan Growth: -14.79
Loans/Assets Ratio: 48.24
Investment/Assets Ratio: 52.52
Number of Members: 150
Number of Full-time Employees: 1

 

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

 
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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.

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Odessa, TX- The controversy continues to circle over First Basin Credit Union. First, there was going to be a vote- should the credit union become a bank?

Full Story: http://www.cbs7.com/news/details.asp?ID=4788


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