Coreplus Credit Union is headquartered in Norwich and is the 12th largest credit union in the state of Connecticut. It is also the 984th largest credit union in the nation. It was established in 1936 and as of December of 2020, it had grown to 61 employees and 27,365 members at 13 locations. Coreplus Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Coreplus Credit Union is open to those who live, work, worship, or attend school in and businesses and other legal entities located in New London County or Windham County, Connecticut. Membership is also open to residents of the Town of Hebron, Connecticut, or employees of the Town of Bolton, Connecticut.
See current membership details
Related Posts
Coreplus Does Not Value Your Patronage Whatsoever
Core plus had been my bank for several years until i was faced with several unreasonable overdraft fees, when my wife called the bank they had no kind or helpful words. The woman on the phone berated my wife, and later myself, with insults when we demanded a refund. The bank will give you no notification of low funds and will continue to send you 30$ overdraft fees without putting any type of hold on your card.
Coreplus Credit Union The Worst CU Ever
Terrible, terrible credit union and management is rude especially in the Waterford location. Norwich location wasn't much better either. Wasn't told of their montly checking fee when I opened the account and gave them 6 months payment in return for no services. They told me I have platinum credit rating when they pulled my credit, but after the way I was humiliated (because of my accent? skin color?) I refused the loan offer after starting the application. Morever, in this day and age when other institutions offer free bill pay, they were going to charge an additional amount to the monthly fee I was paying in exchange for no services. When their ATM ran out of money and I was unable to get to a sister machine, they refused to refund the ATM fee. Whose ATM runs out of money?!?!??I would not recommend them to anyone who has been privileged to deal with a good, solid, caring credit union in the past, and actually would never recommend them to anyone at all.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1148 |
| Year Chartered | 1936 |
| Employees | 61 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 8.94% |
| Annual Interest Income | $8.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $271.3MM$232.0MM |
| Loans | Q4 2020vs Q4 2019 | $179.4MM$183.7MM |
| Deposits | Q4 2020vs Q4 2019 | $247.9MM$211.6MM |
| Equity Capital | Q4 2020vs Q4 2019 | $21.6MM$19.0MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.3MM$1.4MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $542.00K$679.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |
