Book of Lists 2014
Banking & Finance
20 Hartford Business Journal • septemBer 22, 2014 www.HartfordBusiness.com
Largest credit unions in Connecticut
(Ranked by assets as of June 30, 2014)
Rank Company
2014 assets/
2013 assets
2013-2014
% change in assets
2014
members
Total loans and
leases Person in charge
Year
chartered
1
Connecticut State Employees Credit Union Inc.
84 Wadsworth St.
Hartford, CT 06106
860-522-5388 ; www.csecreditunion.com
$1,703,218,653
$1,714,597,884
-0.7% 66,999 $298,966,948 Daniel R. Daigle 1946
2
American Eagle Federal Credit Union
417 Main St.
East Hartford, CT 06118
860-568-2020; www.americaneagle.org
$1,396,217,942
$1,386,101,170
0.7% 104,849 $812,534,651 William J. Dokas (1) 1935
3
Charter Oak Federal Credit Union
1055 Hartford Tpke.
Waterford, CT 06385
860-446-8085; www.charteroak.org
$822,949,842
$789,830,018
4.2% 56,879 $604,358,656 Brian A. Orenstein 1939
4
Sikorsky Financial Credit Union Inc.
1000 Oronoque Ln.
Stratford, CT 06614
203-377-2252; www.sikorskyfcu.org
$710,340,804
$696,996,514
1.9% 52,123 $290,565,744 Vincent Ciambriello, Jr. 1948
5
Connex Credit Union
412 Washington Ave.
North Haven, CT 06473
800-278-6466; www.connexcu.org
$412,464,140
$397,786,424
3.7% 49,299 $252,863,800 Frank Mancini 1940
6
Nutmeg State Federal Credit Union
521 Cromwell Ave.
Rocky Hill, CT 06067
860-513-5000; www.nutmegstatefcu.org
$364,484,538
$356,686,618
2.2% 33,557 $263,489,090 John D. Holt 1935
7
Mutual Security Credit Union Inc.
12 Progress Dr.
Shelton, CT 06484
203-402-7400; www.mscu.net
$253,696,899
$252,709,899
0.4% 33,604 $221,337,548 Larry F. Holderman 1982
8
Waterbury Connecticut Teachers
Federal Credit Union
773 Straits Tpke.
Middlebury, CT 06762
203-758-9500; www.wctfcu.com
$240,320,620
$241,916,033
-0.7% 16,962 $140,740,317 George V. MacDonald 1934
9
Dutch Point Credit Union Inc. (2)
195 Silas Deane Hwy.
Wethersfield, CT 06109
860-563-2617; www.dutchpoint.org
$239,019,969
$202,783,393
17.9% 21,151 $108,129,591 Francis R. Proto 1960
10
Scient Federal Credit Union
60 Colver Ave.
Groton, CT 06340
860-445-1060; www.scientfcu.org
$227,359,238
$232,597,425
-2.3% 15,638 $184,736,499 Bruce J. Fafard 1983
11
360 Federal Credit Union
191 Ella Grasso Tpke.
Windsor Locks, CT 06096
860-627-4200; www.360fcu.org
$214,715,349
$223,062,627
-3.7% 16,569 $140,301,571 Robert L. Aresti 1952
12
CorePlus Federal Credit Union
202 Salem Tpke.
Norwich, CT 06360
860-886-0576; www.coreplus.org
$196,708,974
$201,564,919
-2.4% 22,580 $119,553,957 Nicholas K. Fortson (3) 1936
13
General Electric Employees Federal Credit Union
265 Bic Dr.
Milford, CT 06461
203-783-1103; www.mygecreditunion.com
$182,827,021
$183,460,605
-0.3% 24,277 $68,983,682 Christopher A. Moran 1940
14
Seasons Federal Credit Union
524 S. Main St.
Middletown, CT 06457
860-346-6614; www.seasonsfcu.org
$146,202,873
$135,739,813
7.7% 18,226 $102,343,202 Keith A. Wiemert 1935
15
Achieve Financial Credit Union
279 New Britain Rd.
Berlin, CT 06037
860-828-2790; www.achievefinancialcu.com
$116,077,129
$112,018,815
3.6% 14,887 $94,301,548 Andrew J. Klimkoski 1954
16
Hartford Federal Credit Union
964 Asylum Ave.
Hartford, CT 06105
860-527-6663; www.hartfordfcu.com
$90,716,605
$82,057,499
10.6% 16,657 $46,948,658 Edward P. Danek Jr. 1961
17
First Bristol Federal Credit Union
25 North St.
Bristol, CT 06010
860-584-0956; www.firstbristol.org
$87,595,312
$87,038,156
0.6% 8,064 $41,278,183 Mark J. Cornacchio 1935
18
United Business & Industry Federal Credit Union
120 Woodford Ave.
Plainville, CT 06062
860-747-4152; www.ubifcu.com
$86,267,839
$85,200,739
1.3% 9,673 $56,070,547 Stuart Phillips 1951
19
Wepawaug-Flagg Federal Credit Union
105 Sanford St.
Hamden, CT 06514
203-288-1695; www.wffcu.org
$82,299,274
$81,582,299
0.9% 9,059 $32,345,086 Michael J. Hinchey 1936
20
First New England Federal Credit Union
616 Burnside Ave.
East Hartford, CT 06108
860-282-0001; www.firstnewengland.org
$77,790,451
$81,119,177
-4.1% 10,577 $57,621,953 Michael J. Palladino 1938
21
Northeast Family Federal Credit Union
233 Main St.
Manchester, CT 06042
860-646-8870; www.nefamily.coop
$73,081,248
$72,001,695
1.5% 6,436 $36,213,299 Joanne S. Todd 1938
22
Pitney Bowes Employees Federal Credit Union
1 Elmcroft Rd.
Stamford, CT 06926
203-356-5964; www.pbefcu.com
$71,536,729
$75,054,359
-4.7% 6,343 $26,402,247 Christopher P. Fonseca 1936
23
FD Community Federal Credit Union
601 Watertown Ave.
Waterbury, CT 06708
203-753-9201; www.fdcommunityfcu.org
$66,530,599
$65,440,587
1.7% 8,801 $42,496,026 Michael C. Kinne 1934
24
Meriden Schools Federal Credit Union
285 Broad St.
Meriden, CT 06450
203-237-6424; meridenschoolsfcu.com
$61,737,217
$61,148,287
1.0% 5,369 $23,440,319 Edward M. Hogan 1936
25
State Police Credit Union Inc.
321 Research Pkwy.
Meriden, CT 06450
800-310-7728; www.cspcu.org
$61,374,120
$60,273,930
1.8% 3,629 $23,280,311 Cynthia F. Graham 1960
Source: The National Credit Union Administration (www.ncua.gov). All data (assets, number of members, and loans and leases) date from June 30th.
(1) Effective Jan. 2, 2015, William J. Dokas will retire and be succeeded by current EVP/COO Dean Marchessault.
(2) Capitol Region Federal Credit Union merged into Dutch Point Credit Union on Oct. 26, 2013.
(3) Effective May 2, 2014, Warren P. Scholl retired as president/CEO of CorePlus Federal Credit Union.
—Compiled by Roger Magnus and Heide Martin.