360 Federal Credit Union


Overview / Commentary
860-627-4200
191 Ella Grasso Tpke
Windsor Locks, CT 06096

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 944th largest credit union in the nation. It was established in 1952 and as of June of 2022, it had grown to 60 employees and 18,697 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

Reviews (1)

AVOID AVOID AVOID 360 FCU

Posted by: |

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.



Health

Health Grade Components

Overall
NCUA #7723
Year Chartered1952
Employees60
Primary Regulator
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD8.75%
Annual Interest Income$4.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$329.2MM$306.3MM
LoansQ2 2022vs Q2 2021$186.3MM$182.3MM
DepositsQ2 2022vs Q2 2021$300.8MM$279.9MM
Equity CapitalQ2 2022vs Q2 2021$23.7MM$22.0MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.4MM$1.6MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$851.00K$1.5MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for 360 Federal Credit Union are currently being reviewed.

Locations


360 Federal Credit Union Locations
Branch Office385 Enfield StEnfield, CT 06082-1920
Branch Office191 Ella Grasso TpkeWindsor Locks, CT 06096-1026
Branch Office1 Hamilton RdWindsor Locks, CT 06096-1000
Branch Office1264 Enfield StEnfield, CT 06082-4947
Branch Office421 Talcottville RdVernon, CT 06066-4018

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