BANKING & FINANCE
BOOK OF LISTS 2021 | 25
LARGEST CREDIT UNIONS IN CONNECTICUT
(Ranked by total assets as of September 30, 2020)
Credit Unions with
the most members
%
2019 2020 change
American Eagle
Financial Credit
Union 148,387 156,437 5.4%
Charter Oak
Federal Credit
Union 76,240 81,120 6.4%
Connecticut
State Employees
Credit Union 65,053 65,787 1.1%
Connex Credit
Union 59,155 60,998 3.1%
Sikorsky
Financial Credit
Union 52,688 53,932 2.4%
Nutmeg State
Financial Credit
Union 39,725 41,157 3.6%
Mutual Security
Credit Union 27,717 27,207 -1.8%
CorePlus
Federal Credit
Union 26,195 27,228 3.9%
Largest credit unions in Connecticut
(Ranked by total assets as of September 30, 2020)
Rank Credit Union
2020 assets/
2019 assets
2019-2020
% change in
assets
2020
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
$2,147,390,301
$1,877,205,270
14.4% 65,787 $346,876,565 Daniel R. Daigle 1946
2
American Eagle Financial
Credit Union
333 E. River Drive
East Hartford, CT 06118
800-842-0145; www.americaneagle.org
$2,105,826,575
$1,843,817,716
14.2% 156,437 $1,622,282,540
Dean
Marchessault
1935
3
Charter Oak Federal Credit Union
1055 Hartford Turnpike
Waterford, CT 06385
860-446-8085; charteroak.org
$1,358,422,257
$1,167,755,059
16.3% 81,120 $887,097,314 Brian A. Orenstein 1939
4
Sikorsky Financial Credit Union
1000 Oronoque Lane
Stratford, CT 06614
203-377-2252; www.sikorskycu.org
$898,877,654
$747,743,193
20.2% 53,932 $565,825,458
Vincent
Ciambriello Jr.
1948
5
Connex Credit Union
412 Washington Ave.
North Haven, CT 06473
800-278-6466; www.connexcu.org
$749,319,662
$694,795,381
7.8% 60,998 $584,547,164 Frank Mancini 1940
6
Nutmeg State Financial Credit Union
500 Enterprise Drive
Rocky Hill, CT 06067
860-513-5000;
www.nutmegstatefcu.org
$493,222,462
$446,216,925
10.5% 41,157 $363,475,076 John D. Holt 1935
7
Dutch Point Credit Union
195 Silas Deane Highway
Wethersfield, CT 06109
860-563-2617; www.dutchpoint.org
$387,776,795
$335,045,434
15.7% 23,560 $181,527,531 Francis R. Proto 1960
8
Mutual Security Credit Union
12 Progress Drive
Shelton, CT 06484
800-761-2400; www.mscu.net
$335,779,101
$316,734,352
6.0% 27,207 $287,219,436
Larry F.
Holderman
1982
9
360 Federal Credit Union
191 Ella Grasso Turnpike
Windsor Locks, CT 06096
860-627-4200; www.360fcu.org
$269,989,202
$230,004,371
17.4% 18,362 $176,166,857 Duane Crisco 1952
10
Waterbury Connecticut Teachers
Federal Credit Union
773 Straits Turnpike
Middlebury, CT 06762
800-992-2226; www.wctfcu.com
$268,275,101
$237,661,811
12.9% 19,698 $196,812,056
George V.
MacDonald
1934
11
Scient Federal Credit Union
60 Colver Ave.
Groton, CT 06340
860-445-1060; www.scientfcu.org
$267,947,265
$248,998,537
7.6% 21,007 $232,072,347 David Purcell 1983
12
CorePlus Federal Credit Union
202 Salem Turnpike
Norwich, CT 06360
860-886-0576; www.coreplus.org
$264,327,798
$231,559,415
14.2% 27,228 $181,231,358
Nicholas K.
Fortson
1936
13
General Electric Employees Federal
Credit Union
265 Sub Way
Milford, CT 06461
800-992-8472;
www.myGECreditUnion.com
$246,024,034
$219,147,411
12.3% 26,100 $115,801,634
Christopher A.
Moran
1940
14
Seasons Federal Credit Union
524 S. Main St.
Middletown, CT 06457
860-346-6614; www.seasonsfcu.org
$162,170,516
$150,601,662
7.7% 16,719 $106,247,164 Keith A. Wiemert 1935
15
Achieve Financial Credit Union
279 New Britain Road
Berlin, CT 06037
860-828-2790;
www.achievefinancialcu.com
$156,757,191
$131,240,374
19.4% 17,015 $91,097,363
Andrew J.
Klimkoski
1954
16
Crosspoint Federal Credit Union
105 Sanford St.
Hamden, CT 06514
203-288-1695; crosspointfcu.org
$136,401,364
$115,071,494
18.5% 10,780 $51,719,170 Michael J. Hinchey 1936
17
Hartford Federal Credit Union
964 Asylum Ave.
Hartford, CT 06105
860-527-6663; www.hartfordfcu.com
$133,859,389
$118,563,299
12.9% 18,106 $50,691,053
Edward P. Danek
Jr.
1961
18
United Business & Industry Federal
Credit Union (1)
120 Woodford Ave.
Plainville, CT 06062
860-747-4152; www.ubifcu.com
$117,590,365
$105,472,463
11.5% 11,399 $75,309,097 Stuart Phillips 1951
19
FD Community Federal Credit Union
601 Watertown Ave.
Waterbury, CT 06708
203-753-9201;
www.fdcommunityfcu.org
$105,462,544
$88,619,289
19.0% 9,679 $58,987,469 David Sacco 1934
20
Finex Credit Union
616 Burnside Ave.
East Hartford, CT 06108
860-282-0001; finexcu.org
$100,475,295
$83,772,741
19.9% 9,379 $60,990,265 Michael Palladino 1938
21
First Bristol Federal Credit Union
25 North St.
Bristol, CT 06010
860-584-0956; www.firstbristol.org
$98,878,200
$86,116,848
14.8% 6,406 $36,908,828
Mark J.
Cornacchio
1935
22
Northeast Family
Federal Credit Union
233 Main St.
Manchester, CT 06042
860-646-8870; www.nefamily.coop
$93,726,489
$80,339,594
16.7% 6,077 $35,355,067 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 September 30, 2020.
(1)
Also goes by the name UBI Federal Credit Union.
—Compiled by Timothy Doyle.