Achieve Financial Credit Union


Overview / Commentary
860-828-2790
279 New Britain Rd
Berlin, CT 06037

Achieve Financial Credit Union is headquartered in Berlin and is the 14th largest credit union in the state of Connecticut. It is also the 1,327th largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 34 employees and 17,217 members at 3 locations. Achieve Financial Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to employees, students and alumni of Central Connecticut State University. employee of a healthcare-related service in Berlin, Cheshire, Cromwell, Durham, Farmington, Granby, Meriden, Middletown, Middlefield, New Britain, Newington, Plainville, Rockey Hil, Southington, Wallingford; employees and students of public, private or parochial schools in Avon, Berlin, Canton, East Granby, New Britain, Newington, Plainville, Rockey Hill, Simsbury, Southington, Wethersfield; members of the Berlin Land Trust. (Membership requirements are listed in the credit union's online application)
See current membership details

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Health
C+

Health Grade Components

Overall
NCUA #61256
Year Chartered1954
Employees34
Primary Regulator
Profit Margin
Return on Assets - YTD-0.04%
Return on Equity - YTD-0.62%
Annual Interest Income$2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$186MM$186.8MM
LoansQ1 2025vs Q1 2024$116.5MM$127.6MM
DepositsQ1 2025vs Q1 2024$162.2MM$162.9MM
Equity CapitalQ1 2025vs Q1 2024$12.6MM$11MM
Loan Loss AllowanceQ1 2025vs Q1 2024$2MM$1.8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$2.8MM$2.2MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Achieve Financial Credit Union are currently being reviewed.

Locations


Achieve Financial Credit Union Locations
Branch Office279 New Britain RdBerlin, CT 06037
Branch Office450 W Main StNew Britain, CT 06052
Branch Office752 E Main StMeriden, CT 06450-6019

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