Coreplus Credit Union

Overview / Commentary
202 Salem Tpke
Norwich, CT 06360

Coreplus Credit Union is headquartered in Norwich and is the 10th largest credit union in the state of Connecticut. It is also the 960th largest credit union in the nation. It was established in 1936 and as of June of 2020, it had grown to 66 employees and 26,934 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

Reviews (2)

Coreplus Does Not Value Your Patronage Whatsoever

Posted by: |

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

Posted by: |

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.


Health Grade Components

NCUA #1148
Year Chartered1936
Primary Regulator
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD6.62%
Annual Interest Income$4.4MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$267.1MM$234.6MM
LoansQ2 2020vs Q2 2019$185.8MM$184.7MM
DepositsQ2 2020vs Q2 2019$245.4MM$212.2MM
Equity CapitalQ2 2020vs Q2 2019$20.2MM$18.5MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.5MM$1.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$895.00K$879.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
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Always verify rates and promotions with the bank or credit union. We are not Coreplus Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Coreplus Credit Union Savings Account Rates

0.25%--Health Savings Account
0.05%--Regular Shares
0.05%--Holiday Club
0.05%--Vacation Club
0.05%--IRA Accumulator

Coreplus Credit Union Money Market Rates

0.20%*$50k*-Money Market Account
OTHER TIERS: 0.10% $2k - $25k | 0.15% $25k - $50k

Coreplus Credit Union Checking Account Rates

0.20%*$50k*-Premier Checking
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k

Coreplus Credit Union CD Rates

1.00%$1k-5 Year Share Certificate
0.80%$500-4 Year Share Certificate
0.75%$500-3 Year Share Certificate
0.50%$500-2 Year Share Certificate
0.35%$500-18 Month Share Certificate
0.25%$500-1 Year Share Certificate
0.20%$500-6 Month Share Certificate
0.10%$1k-3 Month Share Certificate
0.05%$10k-30 Day Share Certificate

Coreplus Credit Union IRA Rates

1.00%$1k-5 Year IRA Certificate
0.80%$500-4 Year IRA Certificate
0.75%$500-3 Year IRA Certificate
0.50%$500-2 Year IRA Certificate
0.35%$500-18 Month IRA Certificate
0.25%$500-1 Year IRA Certificate
0.20%$500-6 Month IRA Certificate
0.10%$1k-3 Month IRA Certificate
0.05%$10k-30 Day IRA Certificate


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