Hartford Business Journal

Book of Lists 2021

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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.

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