Community Credit Union Of New Milford, Inc.
Overview / Commentary
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
B
Data as of Q4 2019
Learn why bank health mattersAdditional 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 Chartered | 1959 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.52% |
| Return on Equity - YTD | 7.33% |
| Annual Interest Income | $447.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $12.5MM$13.2MM |
| Loans | Q4 2019vs Q4 2018 | $6.0MM$5.4MM |
| Deposits | Q4 2019vs Q4 2018 | $11.6MM$11.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $901.00K$835.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $29.00K$25.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $13.00K$43.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |