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.

 
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Wepawaug-Flagg FCU News: Wepawaug-Flagg Federal Credit Union Locations (2): Wepawaug-Flagg Credit Union Financial Evaluation
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.

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.

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.

May 25, 2012

 
 
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