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BOOK OF LISTS & ECONOMIC FORECAST 2016-2017 Banking & Finance 24 Hartford Business Journal • decemBer 26, 2016 www.HartfordBusiness.com Largest credit unions in Connecticut (Ranked by assets as of June 30, 2016) Rank Company 2016 assets/ 2015 assets 2015-2016 % change in assets 2016 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 $1,751,054,070 $1,706,615,766 2.6% 66,408 $318,940,729 Daniel R. Daigle 1946 2 American Eagle Financial Credit Union 417 Main St. East Hartford, CT 06118 860-568-2020; www.americaneagle.org $1,450,507,251 $1,410,283,377 2.9% 115,806 $1,063,621,585 Dean Marchessault 1935 3 Charter Oak Federal Credit Union 1055 Hartford Turnpike Waterford, CT 06385 860-446-8085; www.charteroak.org $966,856,195 $874,081,601 10.6% 60,824 $763,020,175 Brian A. Orenstein 1939 4 Sikorsky Financial Credit Union 1000 Oronoque Lane Stratford, CT 06614 203-377-2252; www.sikorskyfcu.org $731,356,469 $711,697,712 2.8% 51,090 $369,315,209 Vincent Ciambriello Jr. 1948 5 Connex Credit Union 412 Washington Ave. North Haven, CT 06473 800-278-6466; www.connexcu.org $457,184,609 $441,262,462 3.6% 46,353 $340,673,715 Frank Mancini 1940 6 Nutmeg State Financial Credit Union 521 Cromwell Ave. Rocky Hill, CT 06067 860-513-5000; www.nutmegstatefcu.org $394,993,293 $382,626,665 3.2% 37,833 $297,732,967 John D. Holt 1935 7 Mutual Security Credit Union 12 Progress Drive Shelton, CT 06484 203-402-7400; www.mscu.net $267,298,814 $261,579,442 2.2% 27,593 $236,124,026 Larry F. Holderman 1982 8 Dutch Point Credit Union (1) 195 Silas Deane Highway Wethersfield, CT 06109 860-563-2617; www.dutchpoint.org $263,366,264 $245,816,471 7.1% 21,037 $121,798,873 Francis R. Proto 1960 9 Scient Federal Credit Union 60 Colver Ave. Groton, CT 06340 860-445-1060; www.scientfcu.org $237,722,375 $238,220,958 -0.2% 18,487 $200,580,299 David Purcell 1983 10 Waterbury Connecticut Teachers Federal Credit Union 773 Straits Turnpike Middlebury, CT 06762 800-992-2226; www.wctfcu.com $237,018,542 $235,390,801 0.7% 17,996 $156,961,224 George V. MacDonald 1934 11 360 Federal Credit Union 191 Ella Grasso Turnpike Windsor Locks, CT 06096 860-627-4200; www.360fcu.org $222,257,287 $214,084,778 3.8% 16,985 $145,055,482 Robert L. Aresti 1952 12 General Electric Employees Federal Credit Union 265 Sub Way Milford, CT 06461 800-992-8472; www.mygecreditunion.com $204,011,448 $195,046,784 4.6% 26,090 $86,511,736 Christopher A. Moran 1940 13 CorePlus Federal Credit Union 202 Salem Turnpike Norwich, CT 06360 860-886-0576; www.coreplus.org $202,195,851 $197,080,262 2.6% 21,249 $130,104,225 Nicholas K. Fortson 1936 14 Seasons Federal Credit Union 524 S. Main St. Middletown, CT 06457 860-346-6614; www.seasonsfcu.org $162,693,657 $153,962,847 5.7% 20,021 $126,082,275 Keith A. Wiemert 1935 15 Achieve Financial Credit Union 279 New Britain Road Berlin, CT 06037 860-828-2790; www.achievefinancialcu.com $129,592,958 $121,853,103 6.4% 15,978 $93,176,494 Andrew J. Klimkoski 1954 16 Wepawaug-Flagg Federal Credit Union 105 Sanford St. Hamden, CT 06514 203-288-1695; www.wffcu.org $112,586,711 $82,423,361 36.6% 14,802 $42,814,678 Michael J. Hinchey 1936 17 United Business & Industry Federal Credit Union 120 Woodford Ave. Plainville, CT 06062 860-747-4152; www.ubifcu.com $98,814,371 $87,217,921 13.3% 11,022 $65,912,176 Stuart Phillips 1951 18 Hartford Federal Credit Union 964 Asylum Ave. Hartford, CT 06105 860-527-6663; www.hartfordfcu.com $93,541,439 $90,418,465 3.5% 16,587 $46,751,885 Edward P. Danek Jr. 1961 19 First Bristol Federal Credit Union 25 North St. Bristol, CT 06010 860-584-0956; www.firstbristol.org $87,937,267 $87,166,824 0.9% 7,618 $41,890,607 Mark J. Cornacchio 1935 20 Finex Credit Union 616 Burnside Ave. East Hartford, CT 06108 860-282-0001; finexcu.org $81,390,449 $81,824,149 -0.5% 9,254 $57,203,252 Michael J. Palladino 1938 21 Northeast Family Federal Credit Union 233 Main St. Manchester, CT 06045 860-646-8870; www.nefamily.coop $76,526,844 $72,881,820 5.0% 6,274 $33,355,592 Joanne S. Todd 1938 22 FD Community Federal Credit Union 601 Watertown Ave. Waterbury, CT 06708 203-753-9201; www.fdcommunityfcu.org $72,072,963 $68,323,492 5.5% 7,843 $50,945,668 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) Dutch Point Credit Union has filed a merger application with MidConn Federal Credit Union, based in Middletown. —Compiled by Heide Martin. 2015 2016 % change American Eagle Financial Credit Union 109,358 115,806 6% Connecticut State Employees Credit Union Inc. 66,653 66,408 -0.4% Charter Oak Federal Credit Union 57,863 60,824 5% Sikorsky Financial Credit Union Inc. 51,095 51,090 0% Connex Credit Union 46,417 46,353 -0.1% Nutmeg State Financial Credit Union 36,342 37,833 4% Mutual Security Federal Credit Union Inc. 27,723 27,593 -0.5% General Electric Employees Federal Credit Union 25,673 26,090 2% 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 American Eagle Financial Credit Union Connecticut State Employees Credit Union Inc. Charter Oak Federal Credit Union Sikorsky Financial Credit Union Inc. Connex Credit Union Nutmeg State Financial Credit Union Mutual Security Federal Credit Union Inc. General Electric Employees Federal Credit Union People's United Bank 2015 2016 Credit Unions with the most members 6% 4% 5% (.5)% (.1)% 0% (.4)% 2%