Credit Unions | Connecticut Credit Unions

Wallingford Municipal Federal Credit Union:

Wallingford Municipal Federal Credit Union was chartered in 1961 and its charter number is 14682. Wallingford Municipal Federal Credit Union's address registered with the NCUA is 88 SOUTH MAIN STREET, WALLINGFORD, CT 06492. As of 10/29/06, Wallingford Municipal FCU reported $14,325,672 in assets. The credit union currently has 2,226 members. It's Manager/CEO is Richard Cassello. The credit unions website is www.wlfdmfcu

Wallingford Municipal Federal Credit Union is a member of the Connecticut Credit Union League.

Wallingford Municipal FCU News:

Wallingford Municipal Federal Credit Union Locations (2):

Wallingford Municipal Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $13,653,117
Total Loans: $4,877,355
Net Worth Ratio: 12.79
% Share Growth: -5.96
% Loan Growth: 24.6
Loans/Assets Ratio: 35.72
Investment/Assets Ratio: 56.96
Number of Members: 2,225
Number of Full-time Employees: 5

In the year of 2006, Wallingford Municipal Credit Union assets decreased by 0.05% and its membership decreased by 0.01%. Wallingford Municipal CU's membership decreased by a total of 27 members. Assets decreased by the amount of $639,262. The total loan amounts went from $3,914,377 in 2005 to $4,877,355 in 2006. Their net worth ratio increased to 12.79. Wallingford Municipal CU maintained their job opportunities at 5 by adding 0 employees.

As of December 31, 2005
Total Assets: $14,292,379
Total Loans: $3,914,377
Net Worth Ratio: 11.42
% Share Growth: -3.03
% Loan Growth: 18.23
Loans/Assets Ratio: 27.38
Investment/Assets Ratio: 68.11
Number of Members: 2,252
Number of Full-time Employees: 5

In the year of 2005, Wallingford Municipal Credit Union assets decreased by 0.02% and its membership decreased by 0.12%. Wallingford Municipal CU's membership decreased by a total of 294 members. Assets decreased by the amount of $273,955. The total loan amounts went from $3,310,742 in 2004 to $3,914,377 in 2005. Their net worth ratio increased slightly to 11.42. Wallingford Municipal CU maintained their job opportunities at 5 by adding 0 employees.

As of December 31, 2004
Total Assets: $14,566,334
Total Loans: $3,310,742
Net Worth Ratio: 10.48
% Share Growth: -3.54
% Loan Growth: 36.6
Loans/Assets Ratio: 22.72
Investment/Assets Ratio: 74.9
Number of Members: 2,546
Number of Full-time Employees: 5

 

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

 

Other Credit Unions:
  • New Haven Postal Employees Federal Credit Union is available to all U.S. Postal employees and employees of state agencies and anyone related to them by blood or marriage may become members.
  • Nutmeg State FCU offers financial services to many companys and their employees and families who live in Hartford County, Middlesex County, or Tolland County, Connecticut.
  • Gethsemane Baptist Church Federal Credit Union is headquartered at 5119 4th Street NW, Washington, DC 20011.
  • New Haven Postal Employees FCU is available to all U.S. Postal employees and employees of state agencies and anyone related to them by blood or marriage may become members.
  • Workers FCU serves the financial needs of anyone who lives or works in the towns of Stafford, Ellington, Somers, Tolland, Ashford, Willington or Union.

Credit Union News:

Credit Union Controversy Continues 2/16/08 CBS 7 News Staff February 16, 2008
CBS 7 West Texas - Feb 16, 2008
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

Credit Union Controversy Continues 2/16/08 CBS 7 News Staff February 16, 2008
CBS 7 West Texas - Feb 16, 2008
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

Credit union robbed
The Grand Rapids Press - Feb 8, 2008
ALPINE TOWNSHIP -- Kent County sheriff's deputies were searching for a suspect who robbed the north branch of the Rivertown Community Federal Credit Union on Thursday. Deputies were called to the credit union at 5228 Alpine Ave.

Full Story: http://www.mlive.com/news/grpress/index.ssf?/base/news-40/1202481920315550.xml&coll=6


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