Overview / Commentary
Community Healthcare Credit Union is headquartered in Manchester and is the 63rd largest credit union in the state of Connecticut. It is also the 3,842nd largest credit union in the nation. It was established in 1959 and as of December of 2019, it had grown to 3 employees and 2,273 members at 1 location. Community Healthcare Credit Union has a B health rating.
Field of Membership Restrictions
Community Healthcare CU, Inc. is open to residents, church members, registered students, and anyone maintaining employment in these Connecticut Towns. Glastonbury, Vernon, and Manchester along with their family members.
See current membership details
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 Healthcare Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60247 |
| Year Chartered | 1959 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.23% |
| Return on Equity - YTD | 13.29% |
| Annual Interest Income | $582.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $11.8MM$11.3MM |
| Loans | Q4 2019vs Q4 2018 | $7.9MM$7.7MM |
| Deposits | Q4 2019vs Q4 2018 | $10.7MM$10.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.1MM$958.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $60.00K$61.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $117.00K$185.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |