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BOOK OF LISTS 2015-2016 Banking & Finance 24 Hartford Business Journal • decemBer 28, 2015 www.HartfordBusiness.com Largest credit unions in Connecticut (Ranked by assets as of June 30, 2015) Rank Company 2015 assets/ 2014 assets 2014-2015 % change in assets 2015 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 $1,706,615,766 $1,703,218,653 0.2% 66,653 $305,618,978 Daniel R. Daigle 1946 2 American Eagle Financial Credit Union 417 Main St. East Hartford, CT 06118 860-568-2020; www.americaneagle.org $1,410,283,377 $1,396,217,942 1.0% 109,358 $956,146,277 Dean Marchessault (1) 1935 3 Charter Oak Federal Credit Union 1055 Hartford Tpke. Waterford, CT 06385 860-446-8085; www.charteroak.org $874,081,601 $822,949,842 6.2% 57,863 $688,831,165 Brian A. Orenstein 1939 4 Sikorsky Financial Credit Union 1000 Oronoque Lane Stratford, CT 06614 203-377-2252; www.sikorskyfcu.org $711,697,712 $710,340,804 0.2% 51,095 $321,073,242 Vincent Ciambriello Jr. 1948 5 Connex Credit Union 412 Washington Ave. North Haven, CT 06473 800-278-6466; www.connexcu.org $441,262,462 $412,464,140 7.0% 46,417 $286,413,005 Frank Mancini 1940 6 Nutmeg State Federal Credit Union 521 Cromwell Ave. Rocky Hill, CT 06067 860-513-5000; www.nutmegstatefcu.org $382,626,665 $364,484,538 5.0% 36,342 $283,356,379 John D. Holt 1935 7 Mutual Security Credit Union 12 Progress Dr. Shelton, CT 06484 203-402-7400; www.mscu.net $261,579,442 $253,696,899 3.1% 27,723 $224,777,914 Larry F. Holderman 1982 8 Dutch Point Credit Union (2) 195 Silas Deane Hwy. Wethersfield, CT 06109 860-563-2617; www.dutchpoint.org $245,816,471 $239,019,969 2.8% 21,097 $116,635,255 Francis R. Proto 1960 9 Scient Federal Credit Union 60 Colver Ave. Groton, CT 06340 860-445-1060; www.scientfcu.org $238,220,958 $227,359,238 4.8% 17,917 $193,220,477 David Purcell (3) 1983 10 Waterbury Connecticut Teachers Federal Credit Union 773 Straits Tpke. Middlebury, CT 06762 800-992-2226; www.wctfcu.com $235,390,801 $240,320,620 -2.1% 17,661 $150,167,478 George V. MacDonald 1934 11 360 Federal Credit Union 191 Ella Grasso Tpke. Windsor Locks, CT 06096 860-627-4200; www.360fcu.org $214,084,778 $214,715,349 -0.3% 16,676 $142,136,208 Robert L. Aresti 1952 12 CorePlus Federal Credit Union 202 Salem Tpke. Norwich, CT 06360 860-886-0576; www.coreplus.org $197,080,262 $196,708,974 0.2% 22,045 $124,138,931 Nicholas K. Fortson (4) 1936 13 General Electric Employees Federal Credit Union 265 Sub Wy. Milford, CT 06461 800-992-8472; www.mygecreditunion.com $195,046,784 $182,827,021 6.7% 25,673 $74,976,656 Christopher A. Moran 1940 14 Seasons Federal Credit Union 524 S. Main St. Middletown, CT 06457 860-346-6614; www.seasonsfcu.org $153,962,847 $146,202,873 5.3% 19,024 $117,181,860 Keith A. Wiemert 1935 15 Achieve Financial Credit Union 279 New Britain Road Berlin, CT 06037 860-828-2790; www.achievefinancialcu.com $121,853,103 $116,077,129 5.0% 15,442 $94,200,635 Andrew J. Klimkoski 1954 16 Hartford Federal Credit Union 964 Asylum Ave. Hartford, CT 06105 860-527-6663; www.hartfordfcu.com $90,418,465 $90,716,605 -0.3% 16,685 $49,096,134 Edward P. Danek Jr. 1961 17 United Business & Industry Federal Credit Union 120 Woodford Ave. Plainville, CT 06062 860-747-4152; www.ubifcu.com $87,217,921 $86,267,839 1.1% 9,812 $60,530,230 Stuart Phillips 1951 18 First Bristol Federal Credit Union 25 North St. Bristol, CT 06010 860-584-0956; www.firstbristol.org $87,166,824 $87,595,312 -0.5% 7,868 $41,629,895 Mark J. Cornacchio 1935 19 Wepawaug-Flagg Federal Credit Union 105 Sanford St. Hamden, CT 06514 203-288-1695; www.wffcu.org $82,423,361 $82,299,274 0.2% 8,291 $30,897,168 Michael J. Hinchey 1936 20 Finex (5) 616 Burnside Ave. East Hartford, CT 06108 860-282-0001; finexcu.org $81,824,149 $77,790,451 5.2% 10,408 $57,619,641 Michael J. Palladino 1938 21 Northeast Family Federal Credit Union 233 Main St. Manchester, CT 06042 860-646-8870; www.nefamily.coop $72,881,820 $73,081,248 -0.3% 6,344 $35,120,261 Joanne S. Todd 1938 22 FD Community Federal Credit Union 601 Watertown Ave. Waterbury, CT 06708 203-753-9201; www.fdcommunityfcu.org $68,323,492 $66,530,599 2.7% 7,520 $46,766,159 Michael C. Kinne 1934 Source: The National Credit Union Administration (www.ncua.gov). All data (assets, number of members, and loans and leases) date from June 30th. (1) On Jan. 2, 2015 succeeded William J. Dokas who retired. (2) Capitol Region Federal Credit Union merged into Dutch Point Credit Union on Oct. 26, 2013. (3) Named new president and CEO on July 20, 2015. (4) Effective May 2, 2014, Warren P. Scholl retired as president and CEO of CorePlus Federal Credit Union. (5) Formerly First New England Federal Credit Union. —Compiled by Roger Magnus and Heide Martin. 2014 2015 % change American Eagle Financial Credit Union 104,849 109,358 4% Connecticut State Employees Credit Union Inc. 66,999 66,653 -1% Charter Oak Federal Credit Union 56,879 57,863 2% Sikorsky Financial Credit Union Inc. 52,123 51,095 -2% Connex Credit Union 49,299 46,417 -6% Nutmeg State Federal Credit Union 33,557 36,342 8% Mutual Security Federal Credit Union Inc. 33,604 27,723 -18% General Electric Employees Federal Credit Union 24,277 25,673 6% Delete outer box with open arrow tool. Fit chart to box edges Select> Object> all text objects> Make Fonts = 8.5 pt Put Key within Chart to save space! 0 20,000 40,000 60,000 80,000 100,000 120,000 American Eagle Financial Credit Union Connectict State Employees Credit Union Inc. Charter Oak Federal Credit Union Sikorsky Financial Credit Union Inc. Connex Credit Union Nutmeg State Federal Credit Union Mutual Security Federal Credit Union Inc. General Electric Employees Federal Credit Union 2014 2015 Credit Unions with the most members 4% 8% 2% (18)% (6)% (2)% (1)% 6%