Issue link: https://nebusinessmedia.uberflip.com/i/1065590
26 | HARTFORD BUSINESS JOURNAL • DECEMBER 24, 2018 BANKING & FINANCE Largest credit unions in Connecticut (Ranked by assets as of June 30, 2018) Rank Credit Union 2018 assets/ 2017 assets 2017-2018 % change in assets 2018 members Total loans and leases Person in charge Year chartered 1 Connecticut State Employees Credit Union 84 Wadsworth St. Hartford, CT 06106 860-522-5388; www.csecreditunion.com $1,827,326,620 $1,812,068,829 0.8% 64,960 $324,340,381 Daniel R. Daigle 1946 2 American Eagle Financial Credit Union 417 Main St. East Hartford, CT 06118 860-568-2020; www.americaneagle.org $1,666,486,789 $1,597,419,592 4.3% 135,687 $1,469,887,423 Dean Marchessault 1935 3 Charter Oak Federal Credit Union 1055 Hartford Turnpike Waterford, CT 06385 860-446-8085; www.charteroak.org $1,094,764,028 $1,015,310,383 7.8% 71,084 $852,722,233 Brian A. Orenstein 1939 4 Sikorsky Financial Credit Union 1000 Oronoque Lane Stratford, CT 06614 203-377-2252; www.sikorskyfcu.org $754,378,481 $747,636,152 0.9% 51,468 $497,767,078 Vincent Ciambriello Jr. 1948 5 Connex Credit Union 412 Washington Ave. North Haven, CT 06473 800-278-6466; www.connexcu.org $598,096,303 $524,100,709 14.1% 54,142 $495,543,698 Frank Mancini 1940 6 Nutmeg State Financial Credit Union 521 Cromwell Ave. Rocky Hill, CT 06067 860-513-5000; www.nutmegstatefcu.org $439,426,614 $425,931,737 3.2% 38,548 $352,921,767 John D. Holt 1935 7 Dutch Point Credit Union 195 Silas Deane Highway Wethersfield, CT 06109 860-563-2617; www.dutchpoint.org $312,938,586 $302,852,358 3.3% 23,275 $153,594,153 Francis R. Proto 1960 8 Mutual Security Credit Union 12 Progress Drive Shelton, CT 06484 203-402-7400; www.mscu.net $295,064,574 $279,339,272 5.6% 27,232 $275,152,929 Larry F. Holderman 1982 9 Scient Federal Credit Union 60 Colver Ave. Groton, CT 06340 860-445-1060; www.scientfcu.org $254,253,584 $244,381,369 4.0% 20,395 $226,940,578 David Purcell 1983 10 Waterbury Connecticut Teachers Federal Credit Union 773 Straits Turnpike Middlebury, CT 06762 800-992-2226; www.wctfcu.com $238,639,266 $238,122,555 0.2% 18,502 $176,914,299 Martin Misset 1934 11 360 Federal Credit Union 191 Ella Grasso Turnpike Windsor Locks, CT 06096 860-627-4200; www.360fcu.org $229,784,048 $232,441,058 -1.1% 17,560 $161,221,052 Duane Crisco (1) 1952 12 CorePlus Federal Credit Union (2) 202 Salem Turnpike Norwich, CT 06360 860-886-0576; www.coreplus.org $228,236,852 $205,584,717 11.0% 25,472 $171,674,423 Nicholas K. Fortson 1936 13 General Electric Employees Federal Credit Union 265 Sub Way Milford, CT 06461 800-992-8472; www.myGECreditUnion.com $219,425,887 $210,451,853 4.3% 26,573 $107,155,261 Christopher A. Moran 1940 14 Seasons Federal Credit Union 524 S. Main St. Middletown, CT 06457 860-346-6614; www.seasonsfcu.org $157,098,780 $161,110,029 -2.5% 19,054 $127,440,626 Keith A. Wiemert 1935 15 Achieve Financial Credit Union 279 New Britain Road Berlin, CT 06037 860-828-2790; www.achievefinancialcu.com $134,285,457 $133,182,032 0.8% 16,294 $99,096,368 Andrew J. Klimkoski 1954 16 Wepawaug-Flagg Federal Credit Union 105 Sanford St. Hamden, CT 06514 203-288-1695; www.wffcu.org $118,612,165 $117,516,834 0.9% 12,333 $45,942,757 Michael J. Hinchey 1936 17 Hartford Federal Credit Union 964 Asylum Ave. Hartford, CT 06105 860-527-6663; www.hartfordfcu.com $115,482,745 $95,615,782 20.8% 19,386 $55,204,993 Edward P. Danek Jr. 1961 18 United Business & Industry Federal Credit Union 120 Woodford Ave. Plainville, CT 06062 860-747-4152; www.ubifcu.com $104,062,850 $98,664,261 5.5% 11,348 $75,038,138 Stuart Phillips 1951 19 First Bristol Federal Credit Union 25 North St. Bristol, CT 06010 860-584-0956; www.firstbristol.org $90,062,309 $90,806,244 -0.8% 7,086 $39,868,479 Mark J. Cornacchio 1935 20 Finex Credit Union 616 Burnside Ave. East Hartford, CT 06108 860-282-0001; finexcu.org $87,190,656 $81,590,253 6.9% 9,291 $62,011,934 Michael J. Palladino 1938 21 FD Community Federal Credit Union 601 Watertown Ave. Waterbury, CT 06708 203-753-9201; www.fdcommunityfcu.org $83,380,433 $77,812,883 7.2% 9,188 $57,067,579 James Higgins 1934 22 Northeast Family Federal Credit Union 233 Main St. Manchester, CT 06045 860-646-8870; www.nefamily.coop $81,588,609 $80,577,976 1.3% 6,160 $33,417,919 Joanne S. Todd 1938 Source: The National Credit Union Administration (www.ncua.gov). All data (assets, number of members, and loans and leases) date from June 30th. (1) Succeeded Robert L. Aresti upon his retirement as of Dec. 1, 2017. (2) On April 30, 2018, Connecticut Community Credit Union LLC of Pawcatuck merged with CorePlus Federal Credit Union. —Compiled by Heide Martin. LARGEST CREDIT UNIONS IN CONNECTICUT (Ranked by assets as of June, 2018) East Hartford's American Eagle Financial Credit Union moved to its new 100,000-square-foot East Hartford headquarters at 333 East River Drive, which it purchased in 2017 for $6.6 million. In June, Rocky Hill's Nutmeg State Financial Credit Union acquired a Colorado data-services vendor to credit unions — DaLand Solutions — for an undisclosed sum. Nutmeg also opened a DMV Express center at its Milford branch. Credit Unions with the most members % 2017 2018 change American Eagle Financial Credit Union 127,261 135,687 6.6% Charter Oak Federal Credit Union 66,014 71,084 7.7% Connecticut State Employees Credit Union 65,709 64,960 -1.1% Connex Credit Union 49,905 54,142 28.5% Sikorsky Financial Credit Union 50,702 51,468 1.5% Nutmeg State Financial Credit Union 41,573 38,548 -7.3% Mutual Security Credit Union 27,051 27,232 0.7% General Electric Employees Federal Credit Union 25,685 26,573 3.5%