360 Federal Credit Union is headquartered in Windsor Locks and is the 9th largest credit union in the state of Connecticut. It is also the 959th largest credit union in the nation. It was established in 1952 and as of September of 2020, it had grown to 58 employees and 18,362 members at 5 locations. 360 Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or attend school in; and businesses and other legal entities located in in Hartford, Tolland, and Middlesex Counties, immediate families of those eligible, or select organizations.
See current membership details
AVOID AVOID AVOID 360 FCU
My husband was a member (starting with the initial credit union) for over 35 years and thought them trustworthy. In the past few years, however, his accounts, that had healthy balances, were not monitored as closely as they should have been. We believed their "no fees as long as you maintain a certain balance" lies, as others actually do follow through on such claims. The 360 Federal Credit Union people, however, have helped themselves to our money with all kinds of fees (some of which we have managed to get reversed). Even when we went to close the account a few weeks ago, they lied and slipped in another fee, and now claim that they would reimburse it but cannot because we closed the accounts. What a load of bull! Yes, we finally found a much, much better option (TD Bank) in Manchester, CT. Spare yourselves a lot of grief and money; AVOID 360FCU.
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7723 |
| Year Chartered | 1952 |
| Employees | 58 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.27% |
| Return on Equity - YTD | 3.33% |
| Annual Interest Income | $6.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $270.0MM$230.0MM |
| Loans | Q3 2020vs Q3 2019 | $176.2MM$168.5MM |
| Deposits | Q3 2020vs Q3 2019 | $245.3MM$205.4MM |
| Equity Capital | Q3 2020vs Q3 2019 | $21.6MM$21.0MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $2.1MM$2.5MM |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $1.1MM$1.9MM |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |