Credit Unions | Connecticut Credit Unions

Victory/Piaterer Mutual Benefit Association Credit Union:

Victory/Piaterer Mutual Benefit Association Credit Union was chartered in 1950 and its charter number is 61786. Victory/Piaterer Mutual Benefit Association Credit Union's address registered with the NCUA is 21 HIGH STREET, EAST HARTFORD, CT 06118. As of 10/12/06, Victory/Piaterer Mutual Benefit Association CU reported $2,151,923 in assets. The credit union currently has 239 members. It's Manager/CEO is Leslie Abkowicz. The credit unions website is No Web Address Provided

Victory/Piaterer Mutual Benefit Association Credit Union is a member of the Connecticut Credit Union League.

Victory/Piaterer Mutual Benefit Association CU News:

Victory/Piaterer Mutual Benefit Association Credit Union Locations (2):

Victory/Piaterer Mutual Benefit Association Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $2,168,521
Total Loans: $367,303
Net Worth Ratio: 13.25
% Share Growth: -22.77
% Loan Growth: -36.32
Loans/Assets Ratio: 16.93
Investment/Assets Ratio: 82.13
Number of Members: 239
Number of Full-time Employees: 1

 In the year of 2006, Victory/Piaterer Mutual Benefit Association Credit Union assets decreased by 0.19% and its membership decreased by 0.03%. Victory/Piaterer Mutual Benefit Association CU's membership decreased by a total of 7 members. Assets decreased by the amount of $503,889. The total loan amounts went from $576,877 in 2005 to $367,303 in 2006. Their net worth ratio increased to 13.25. Victory/Piaterer Mutual Benefit Association CU maintained their job opportunities at 1 by adding 0 employees.

As of December 31, 2005
Total Assets: $2,672,410
Total Loans: $576,877
Net Worth Ratio: 11.49
% Share Growth: -16.24
% Loan Growth: -25.17
Loans/Assets Ratio: 21.58
Investment/Assets Ratio: 77.69
Number of Members: 246
Number of Full-time Employees: 1

 In the year of 2005, Victory/Piaterer Mutual Benefit Association Credit Union assets decreased by 0.14% and its membership decreased by 0.11%. Victory/Piaterer Mutual Benefit Association CU's membership decreased by a total of 30 members. Assets decreased by the amount of $436,483. The total loan amounts went from $770,952 in 2004 to $576,877 in 2005. Their net worth ratio increased slightly to 11.49. Victory/Piaterer Mutual Benefit Association CU maintained their job opportunities at 1 by adding 0 employees.

As of December 31, 2004
Total Assets: $3,108,893
Total Loans: $770,952
Net Worth Ratio: 9.85
% Share Growth: 0.18
% Loan Growth: -25.28
Loans/Assets Ratio: 24.79
Investment/Assets Ratio: 74.59
Number of Members: 276
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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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

Snapshot
The Holland Sentinel - Feb 6, 2008
Todd Whiteman and Michele Cheney, from left, of United Federal Credit Union, recently presented Barb Pyle of MacMedia with a donation of 25 computers.

Full Story: http://hollandsentinel.com/stories/020608/local_20080206026.shtml

Seattle-based Watermark Credit Union Launches Payday Freedom to Break the Payday Loan Cycle
PRWeb - Feb 6, 2008
Seattle-based Watermark Credit Union is excited to announce the launch of its Payday Freedom product, designed to help its members break the payday loan cycle.

Full Story: http://prweb.com/releases/2008/2/prweb677294.htm

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