Credit Unions | Connecticut Credit Unions

Wepawaug-Flagg Federal Credit Union:

Wepawaug-Flagg Federal Credit Union was chartered in 1936 and its charter number is 1309. Wepawaug-Flagg Federal Credit Union's address registered with the NCUA is 105 SANFORD ST., HAMDEN, CT 06514. As of 10/25/06, Wepawaug-Flagg FCU reported $54,660,428 in assets. The credit union currently has 9,888 members. It's Manager/CEO is Dennis Banks. The credit unions website is wffcu.org

Wepawaug-Flagg Federal Credit Union is a member of the Connecticut Credit Union League.

Wepawaug-Flagg FCU News:

Wepawaug-Flagg Federal Credit Union Locations (2):

Wepawaug-Flagg Credit Union Financial Evaluation

As of December 31, 2006 Total Assets: $55,920,465 Total Loans: $31,554,583 Net Worth Ratio: 14.11 % Share Growth: 0.57 % Loan Growth: 3.38 Loans/Assets Ratio: 56.42 Investment/Assets Ratio: 41.67 Number of Members: 9,934 Number of Full-time Employees: 18	In the year of 2006, Wepawaug-Flagg Credit Union assets increased by 0.02% and its membership increased by 0.01%. Wepawaug-Flagg CU's membership increased by a total of 135 members. Assets increased by the amount of $1,064,934. The total loan amounts went from $30,522,175 in 2005 to $31,554,583 in 2006. Their net worth ratio increased slightly to 14.11. Wepawaug-Flagg CU maintained their job opportunities at 18 by adding 0 employees.
As of December 31, 2005 Total Assets: $54,855,531 Total Loans: $30,522,175 Net Worth Ratio: 13.03 % Share Growth: -5.26 % Loan Growth: 0.75 Loans/Assets Ratio: 55.64 Investment/Assets Ratio: 42.5 Number of Members: 9,799 Number of Full-time Employees: 18	In the year of 2005, Wepawaug-Flagg Credit Union assets decreased by 0.04% and its membership decreased by 0.08%. Wepawaug-Flagg CU's membership decreased by a total of 831 members. Assets decreased by the amount of $1,978,721. The total loan amounts went from $30,292,912 in 2004 to $30,522,175 in 2005. Their net worth ratio increased slightly to 13.03. Wepawaug-Flagg CU increased their job opportunities to 18 by adding 1 employee.
As of December 31, 2004 Total Assets: $56,834,252 Total Loans: $30,292,912 Net Worth Ratio: 11.47 % Share Growth: -0.25 % Loan Growth: -5.45 Loans/Assets Ratio: 53.3 Investment/Assets Ratio: 44.95 Number of Members: 10,630 Number of Full-time Employees: 17

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

Other Credit Unions:

Brand-Rex Employees Credit Union is headquarted in Williamantic, Connecticut.
Northwest Hills CU meets the financial needs of the people who live in, worship in, go to school in or work in Torrington, Connecticut.
Waterbury Connecticut Teacher FCU serves teachers, administrators and other eligible public and parochial school personnel.
Wiremold FCU is headquarted in West Hartford, Connecticut.
Northeast Family FCU serves the employees and their families of many businesses in northeast Connecticut.

Credit Union News:

Credit union bringing 300 jobs to downtown Rochester
WCAX-TV Vermont - Feb 8, 2008
Associated Press - February 8, 2008 7:25 AM ET ROCHESTER, N.Y. (AP) - A credit union founded by George Eastman as a savings and loan for his Eastman Kodak employees will build a new...

Full Story: http://www.wcax.com/global/story.asp?s=7842026

Pay-out for credit union customers
Channel 4 - Feb 6, 2008
Thousands of people who lost their savings when two credit unions collapsed will receive compensation, it has been announced.

Full Story: http://www.channel4.com/news/articles/business_money/payout+for+credit+union+customers/1497547

Fort Mill man convicted in pipe-bomb scheme
The State - Feb 2, 2008
An 18-year-old Fort Mill man has been convicted for his role in a scheme to plant pipe bombs at a Charlotte school to provide a diversion while a group of men robbed Founders Credit Union. Steven Michael Eddington was convicted Thursday of conspiracy to rob a bank, possession of explosive devices and other charges, Assistant U.S. Attorney Kevin McDonald said. Eddington’s father, Timothy Wayne ...

Full Story: http://www.thestate.com/local/story/305620.html

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