Issue link: https://nebusinessmedia.uberflip.com/i/1437648
Member FDIC. Berkshire Bank is a Massachusetts chartered bank. Rev. 12/21 berkshirebank.com BEST Community Comeback Every community deserves a COMEBACK. Today is all about yours. For 175 years, our most important investment has been the one we make in each other. We believe that a better world requires a better approach to banking. We are happy to announce Berkshire's BEST Community Comeback, which is our $5 billion commitment to powering the financial potential of our communities and local economies. FINANCE Largest credit unions in Connecticut (Ranked by total assets as of Sept. 30, 2021) Rank Credit Union 2021 assets/ 2020 assets 2020-2021 % change in assets 2021 members Total loans and leases Top executive Year chartered 1 Connecticut State Employees Credit Union 84 Wadsworth St. Hartford, CT 06106 860-522-5388; www.csecreditunion.com $2,433,976,545 $2,147,390,301 13.3% 65,960 $368,654,080 Daniel R. Daigle 1946 2 American Eagle Financial Credit Union 333 E. River Drive East Hartford, CT 06118 800-842-0145; www.americaneagle.org $2,304,125,255 $2,105,826,575 9.4% 172,756 $1,638,855,279 Howard Brady (1) 1935 3 Charter Oak Federal Credit Union 1055 Hartford Turnpike Waterford, CT 06385 860-446-8085; charteroak.org $1,505,211,666 $1,358,422,257 10.8% 83,867 $816,474,425 Brian A. Orenstein 1939 4 Sikorsky Financial Credit Union 1000 Oronoque Lane Stratford, CT 06614 203-377-2252; www.sikorskycu.org $1,056,631,828 $898,877,654 17.6% 54,906 $648,503,819 Vincent Ciambriello Jr. 1948 5 Connex Credit Union 412 Washington Ave. North Haven, CT 06473 800-278-6466; www.connexcu.org $826,845,867 $749,319,662 10.3% 64,087 $685,106,452 Frank Mancini 1940 6 Nutmeg State Financial Credit Union 500 Enterprise Drive Rocky Hill, CT 06067 860-513-5000; www.nutmegstatefcu.org $512,859,112 $493,222,462 4.0% 41,201 $367,731,357 John D. Holt 1935 7 Dutch Point Credit Union 195 Silas Deane Highway Wethersfield, CT 06109 860-563-2617; www.dutchpoint.org $427,510,101 $387,776,795 10.2% 23,630 $197,041,160 Francis R. Proto (2) 1960 8 Mutual Security Credit Union 12 Progress Drive Shelton, CT 06484 800-761-2400; www.mscu.net $341,130,069 $335,779,101 1.6% 26,894 $270,084,408 Hank Baum 1982 9 360 Federal Credit Union 191 Ella Grasso Turnpike Windsor Locks, CT 06096 860-627-4200; www.360fcu.org $305,606,508 $269,989,202 13.2% 18,655 $182,053,070 Duane Crisco 1952 10 Waterbury Connecticut Teachers Federal Credit Union 773 Straits Turnpike Middlebury, CT 06762 800-992-2226; www.wctfcu.com $298,478,448 $268,275,101 11.3% 19,760 $210,512,087 Martin Misset 1934 11 CorePlus Federal Credit Union 202 Salem Turnpike Norwich, CT 06360 860-886-0576; www.coreplus.org $292,007,576 $264,327,798 10.5% 27,343 $208,789,615 Nicholas K. Fortson 1936 12 Scient Federal Credit Union 60 Colver Ave. Groton, CT 06340 860-445-1060; www.scientfcu.org $285,362,438 $267,947,265 6.5% 20,143 $242,933,815 Chris Maynard 1983 13 General Electric Employees Federal Credit Union 265 Sub Way Milford, CT 06461 800-992-8472; www.myGECreditUnion.com $269,998,942 $246,024,034 9.7% 26,015 $116,100,997 Christopher A. Moran 1940 14 Achieve Financial Credit Union 279 New Britain Road Berlin, CT 06037 860-828-2790; www.achievefinancialcu.com $177,374,948 $156,757,191 13.2% 17,596 $100,777,521 Andrew J. Klimkoski 1954 15 Seasons Federal Credit Union 524 S. Main St. Middletown, CT 06457 860-346-6614; www.seasonsfcu.org $163,160,010 $162,170,516 0.6% 16,029 $113,358,341 Keith A. Wiemert 1935 16 Hartford Federal Credit Union 964 Asylum Ave. Hartford, CT 06105 860-527-6663; www.hartfordfcu.com $152,326,367 $133,859,389 13.8% 17,788 $60,477,742 Edward P. Danek Jr. 1961 17 Crosspoint Federal Credit Union 105 Sanford St. Hamden, CT 06514 203-288-1695; crosspointfcu.org $152,070,586 $136,401,364 11.5% 10,423 $59,917,500 Darlene White 1936 18 FD Community Federal Credit Union 601 Watertown Ave. Waterbury, CT 06708 203-753-9201; www.fdcommunityfcu.org $137,778,851 $105,462,544 30.6% 14,663 $65,840,547 Renee Warner 1934 19 United Business & Industry Federal Credit Union (3) 120 Woodford Ave. Plainville, CT 06062 860-747-4152; www.ubifcu.com $129,939,271 $117,590,365 10.5% 10,971 $70,483,715 Stuart Phillips 1951 20 Finex Credit Union 616 Burnside Ave. East Hartford, CT 06108 860-282-0001; finexcu.org $108,045,526 $100,475,295 7.5% 9,319 $63,973,389 Michael Palladino 1938 21 First Bristol Federal Credit Union 25 North St. Bristol, CT 06010 860-584-0956; www.firstbristol.org $107,478,360 $98,878,200 8.7% 6,181 $34,031,860 Mark J. Cornacchio 1935 22 Northeast Family Federal Credit Union 233 Main St. Manchester, CT 06042 860-646-8870; www.nefamily.coop $107,075,033 $93,726,489 14.2% 6,090 $34,835,710 Joanne S. Todd 1938 23 MembersFirst CT Federal Credit Union 285 Broad St. Meriden, CT 06450 203-237-6424; www.membersfirstctfcu.com $95,491,409 $85,755,284 11.4% 6,462 $30,790,101 Edward Hogan 1936 24 Sound Federal Credit Union 888 Washington Blvd. Stamford, CT 06901 203-977-4701; www.stamfordcu.org $80,785,289 $75,315,570 7.3% 6,118 $55,506,228 Edward Fox 1984 25 Windsor Locks Federal Credit Union 516 Spring St. Windsor Locks, CT 06096 860-292-2940; www.wlfcu.com $79,513,389 $69,770,714 14.0% 4,489 $34,292,137 Charla Stetson 1940 Source: The National Credit Union Administration (www.ncua.gov). All data (assets, number of members, and loans and leases) date from September 30, 2021. (1) Howard Brady replaced Dean Marchessault at the start of 2022. (2) Has announced plans to retire in January 2023. (3) Also goes by the name UBI Federal Credit Union. —Compiled by Timothy Doyle. Largest credit unions in Connecticut 11 202 Salem Turnpike Norwich, CT 06360 860-886-0576; www.coreplus.org $292,007,576 $264,327,798 10.5% 27,343 $208,789,615 Nicholas K. Fortson 1936 12 Scient Federal Credit Union 60 Colver Ave. Groton, CT 06340 860-445-1060; www.scientfcu.org $285,362,438 $267,947,265 6.5% 20,143 $242,933,815 Chris Maynard 1983 13 General Electric Employees Federal Credit Union 265 Sub Way Milford, CT 06461 800-992-8472; www.myGECreditUnion.com $269,998,942 $246,024,034 9.7% 26,015 $116,100,997 Christopher A. Moran 1940 14 Achieve Financial Credit Union 279 New Britain Road Berlin, CT 06037 860-828-2790; www.achievefinancialcu.com $177,374,948 $156,757,191 13.2% 17,596 $100,777,521 Andrew J. Klimkoski 1954 15 Seasons Federal Credit Union 524 S. Main St. Middletown, CT 06457 860-346-6614; www.seasonsfcu.org $163,160,010 $162,170,516 0.6% 16,029 $113,358,341 Keith A. Wiemert 1935 16 Hartford Federal Credit Union 964 Asylum Ave. Hartford, CT 06105 860-527-6663; www.hartfordfcu.com $152,326,367 $133,859,389 13.8% 17,788 $60,477,742 Edward P. Danek Jr. 1961 17 Crosspoint Federal Credit Union 105 Sanford St. Hamden, CT 06514 203-288-1695; crosspointfcu.org $152,070,586 $136,401,364 11.5% 10,423 $59,917,500 Darlene White 1936 18 FD Community Federal Credit Union 601 Watertown Ave. Waterbury, CT 06708 203-753-9201; www.fdcommunityfcu.org $137,778,851 $105,462,544 30.6% 14,663 $65,840,547 Renee Warner 1934 19 United Business & Industry Federal Credit Union (3) 120 Woodford Ave. Plainville, CT 06062 860-747-4152; www.ubifcu.com $129,939,271 $117,590,365 10.5% 10,971 $70,483,715 Stuart Phillips 1951 20 Finex Credit Union 616 Burnside Ave. East Hartford, CT 06108 860-282-0001; finexcu.org $108,045,526 $100,475,295 7.5% 9,319 $63,973,389 Michael Palladino 1938 21 First Bristol Federal Credit Union 25 North St. Bristol, CT 06010 860-584-0956; www.firstbristol.org $107,478,360 $98,878,200 8.7% 6,181 $34,031,860 Mark J. Cornacchio 1935 22 Northeast Family Federal Credit Union 233 Main St. Manchester, CT 06042 860-646-8870; www.nefamily.coop $107,075,033 $93,726,489 14.2% 6,090 $34,835,710 Joanne S. Todd 1938 23 MembersFirst CT Federal Credit Union 285 Broad St. Meriden, CT 06450 203-237-6424; www.membersfirstctfcu.com $95,491,409 $85,755,284 11.4% 6,462 $30,790,101 Edward Hogan 1936 24 Sound Federal Credit Union 888 Washington Blvd. Stamford, CT 06901 203-977-4701; www.stamfordcu.org $80,785,289 $75,315,570 7.3% 6,118 $55,506,228 Edward Fox 1984 25 Windsor Locks Federal Credit Union 516 Spring St. Windsor Locks, CT 06096 860-292-2940; www.wlfcu.com $79,513,389 $69,770,714 14.0% 4,489 $34,292,137 Charla Stetson 1940 Source: The National Credit Union Administration (www.ncua.gov). All data (assets, number of members, and loans and leases) date from September 30, 2021. (1) Howard Brady replaced Dean Marchessault at the start of 2022. (2) Has announced plans to retire in January 2023. (3) Also goes by the name UBI Federal Credit Union. —Compiled by Timothy Doyle. (Ranked by total assets as of Sept. 30, 2021)