Wemelco Credit Union

Wemelco Credit Union was chartered in 1923 and its charter number is 67735. Wemelco Credit Union's address registered with the NCUA is 300 CADWELL DRIVE SUITE #2, SPRINGFIELD, MA 01104-1732. As of 10/31/06, Wemelco CU reported $37,120,066 in assets. The credit union currently has 2,547 members. It's Manager/CEO is Robert W. Koss. The credit unions website is wemelcocreditunion.com

Wemelco Credit Union is a member of the Massachusetts Credit Union League.

 
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Wemelco Credit Union Financial Evaluation
2004
Total Assets: $40,632,444.00
Total Loans: $7,686,589.00
Net Worth Ratio: 11.62
% Share Growth: 0.59
% Loan Growth: -0.17
Loans/Assets Ratio: 18.91
Loans/Assets Ratio: 79.53
Numbers of Members: 2,644
Number of Full-time Employees: 7
 
2005
Total Assets: $37,436,142.00
Total Loans: $7,884,768.00
Net Worth Ratio: 13.14
% Share Growth: -7.68
% Loan Growth: 2.57
Loans/Assets Ratio: 21.06
Loans/Assets Ratio: 77.17
Numbers of Members: 2,600
Number of Full-time Employees: 5
 
2006
Total Assets: $35,529,914.00
Total Loans: $8,006,057.00
Net Worth Ratio: 14.49
% Share Growth: -6.34
% Loan Growth: 1.53
Loans/Assets Ratio: 22.53
Loans/Assets Ratio: 75.48
Numbers of Members: 2,497
Number of Full-time Employees: 34
 
 

May 25, 2012

 
 
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