Overview / Commentary
360 Federal Credit Union is headquartered in Windsor Locks and is the 12th largest credit union in the state of Connecticut. It is also the 1,001st largest credit union in the nation. It was established in 1952 and as of June of 2024, it had grown to 68 employees and 19,254 members at 5 locations. 360 Federal Credit Union has a B 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 the Connecticut counties of Hartford, Middlesex, New Haven, or Tolland. Immediate family and household members of anyone eligible to join also qualify for membership.
See current membership details
Health
B
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7723 |
| Year Chartered | 1952 |
| Employees | 68 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.38% |
| Return on Equity - YTD | 4.36% |
| Annual Interest Income | $6.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $311.7MM$320.3MM |
| Loans | Q2 2024vs Q2 2023 | $188.3MM$189.9MM |
| Deposits | Q2 2024vs Q2 2023 | $278.2MM$289.8MM |
| Equity Capital | Q2 2024vs Q2 2023 | $27.4MM$25.9MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.7MM$1.8MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $1.5MM$1.2MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |