Community Credit Union Of New Milford, Inc.


Overview / Commentary
860-210-0777
145c Danbury Rd
New Milford, CT 06776

Community Credit Union Of New Milford, Inc. is headquartered in New Milford and is the 61st largest credit union in the state of Connecticut. It is also the 3,784th largest credit union in the nation. It was established in 1959 and as of December of 2019, it had grown to 4 employees and 1,956 members at 1 location. Community Credit Union Of New Milford, Inc. has a B health rating.

Field of Membership Restrictions

Community Credit Union of New Milford Inc. is open to anyone that is a resident, church member, or any person that works in the New Milford area or the surrounding communities, along with the employees of the Kimberly-Clark corporation.
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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Community Credit Union Of New Milford, Inc. has a low asset base.

Health Grade Components

Overall
NCUA #61261
Year Chartered1959
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD7.33%
Annual Interest Income$447.00K
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$12.5MM$13.2MM
LoansQ4 2019vs Q4 2018$6.0MM$5.4MM
DepositsQ4 2019vs Q4 2018$11.6MM$11.5MM
Equity CapitalQ4 2019vs Q4 2018$901.00K$835.00K
Loan Loss AllowanceQ4 2019vs Q4 2018$29.00K$25.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$13.00K$43.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates

Rates for Community Credit Union Of New Milford, Inc. are currently being reviewed.

Locations


Community Credit Union Of New Milford, Inc. Locations
Branch Office145C Danbury RdNew Milford, CT 06776

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