Workers Federal Credit Union:
Workers Federal Credit Union was chartered in 1936 and its charter number is 1606.
Workers Federal Credit Union's address registered with the NCUA
is PO BOX 125, STAFFORD SPRING, CT 06076.
As of 10/24/06, Workers FCU reported $16,739,582 in assets.
The credit union currently has 2,918 members. It's Manager/CEO is Betty K. Maurer.
The credit unions website is www.workersfcu.com
Workers Federal Credit Union is a member of the Connecticut Credit Union League.
Workers FCU News:
Workers Federal Credit Union Locations (2):
Workers Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $19,038,780
Total Loans: $11,463,986
Net Worth Ratio: 9.44
% Share Growth: 14.58
% Loan Growth: 19.11
Loans/Assets Ratio: 60.21
Investment/Assets Ratio: 35.26
Number of Members: 3,009
Number of Full-time Employees: 10
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In the year of 2006, Workers Credit Union assets increased by 0.12% and its membership increased by 0.05%. Workers CU's membership increased by a total of 148 members. Assets increased by the amount of $2,284,801. The total loan amounts went from $9,623,955 in 2005 to $11,463,986 in 2006. Their net worth ratio decreased slightly to 9.44. Workers CU increased their job opportunities to 10 by adding 1 employee.
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As of December 31, 2005
Total Assets: $16,753,979
Total Loans: $9,623,955
Net Worth Ratio: 10.17
% Share Growth: 6.98
% Loan Growth: 11.54
Loans/Assets Ratio: 57.44
Investment/Assets Ratio: 38.34
Number of Members: 2,861
Number of Full-time Employees: 9
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In the year of 2005, Workers Credit Union assets increased by 0.07% and its membership decreased by 0.01%. Workers CU's membership decreased by a total of 35 members. Assets increased by the amount of $1,108,414. The total loan amounts went from $8,628,178 in 2004 to $9,623,955 in 2005. Their net worth ratio increased slightly to 10.17. Workers CU maintained their job opportunities at 9 by adding 0 employees.
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As of December 31, 2004
Total Assets: $15,645,565
Total Loans: $8,628,178
Net Worth Ratio: 10.09
% Share Growth: 2.68
% Loan Growth: 17.1
Loans/Assets Ratio: 55.14
Investment/Assets Ratio: 40.04
Number of Members: 2,896
Number of Full-time Employees: 9
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