Nutmeg State Financial Credit Union is headquartered in Rocky Hill and is the 6th largest credit union in the state of Connecticut. It is also the 604th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 108 employees and 54,064 members at 11 locations. Nutmeg State Financial Credit Union has an A+ health rating.
Membership to Nutmeg State Financial Credit Union is open to those who live, work, volunteer, attend school, or worship in the Connecticut counties of Hartford, Middlesex, New Haven, or Tolland, as well as the Fairfield County towns of Bridgeport, Fairfield, Norwalk, Shelton, Stratford, Trumbull, or Westport. Immediate family of current members also qualify for membership.
See current membership details
Overall | |
---|---|
NCUA # | 68657 |
Year Chartered | 1935 |
Employees | 108 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.54% |
Return on Equity - YTD | 4.58% |
Annual Interest Income | $9.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $703.4MM$610.2MM |
Loans | Q1 2025vs Q1 2024 | $569.6MM$469.3MM |
Deposits | Q1 2025vs Q1 2024 | $591MM$501.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $82.7MM$72MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $2.9MM$2MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.2MM$1.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Nutmeg State Financial Credit Union are currently being reviewed.