Community Credit Union Of New Milford, Inc.

Overview / Commentary
145c Danbury Rd
New Milford, CT 06776

Community Credit Union Of New Milford, Inc. is headquartered in New Milford and is the 62nd largest credit union in the state of Connecticut. It is also the 3,787th largest credit union in the nation. It was established in 1959 and as of June of 2019, it had grown to 4 employees and 1,938 members at 1 location. Community Credit Union Of New Milford, Inc. has a C+ 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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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

NCUA #61261
Year Chartered1959
Primary Regulator
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD6.26%
Annual Interest Income$216.00K
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$12.8MM$13.4MM
LoansQ2 2019vs Q2 2018$5.7MM$4.5MM
DepositsQ2 2019vs Q2 2018$11.9MM$12.6MM
Equity CapitalQ2 2019vs Q2 2018$863.00K$803.00K
Loan Loss AllowanceQ2 2019vs Q2 2018$30.00K$22.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$31.00K$11.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community Credit Union Of New Milford, Inc. Savings Account Rates

1.00%$50-IRA Savings
0.35%*-$25kSpecial Purpose Share Account
OTHER TIERS: 0.05% $25k+
0.05%$25-Basic Savings (Share)
0.05%--Holiday Club
0.05%--Vacation Club

Community Credit Union Of New Milford, Inc. CD Rates

0.85%$500-4 Year Share Certificate
0.50%$500-2 Year Share Certificate
0.25%$500-1 Year Share Certificate
0.15%$500-6 Month Share Certificate

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

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