Coreplus Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.75%	5-year CD	5 Year Share Certificate 2.25% - Ally Bank High Yield 5 Year CD
0.60%	1-year CD	1 Year Share Certificate 1.50% - Ally Bank No Penalty 11-Month CD
0.05%	Savings	Regular Shares 1.20% - Ally Bank Online Savings Account

View all Coreplus Federal Credit Union rates »

Overview / Commentary

www.coreplus.org

860-886-0576

202 Salem Tpke
Norwich, CT 06360

Coreplus Federal Credit Union is headquartered in Norwich and is the 13^th largest credit union in the state of Connecticut. It is also the 1,017^th largest credit union in the nation. It was established in 1936 and as of June of 2017, it had grown to 64 employees and 21,004 members at 10 locations. Coreplus Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership in Coreplus Federal 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

Coreplus Does Not Value Your Patronage Whatsoever

Posted by: Adrian75 | Dec 3, 2015

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.

Comment

2

Coreplus Credit Union The Worst CU Ever

Posted by: AAAfrican | Feb 20, 2013

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.

Comment

7

Health

B

Data as of Q2 2017

Learn why bank health matters

Health Grade Components

Overall
NCUA #	1148
Year Chartered	1936
Employees	64
Primary Regulator

Profit Margin
Return on Assets - YTD	0.28%
Return on Equity - YTD	3.69%
Annual Interest Income	$3.4MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$205.5MM$202.2MM
Loans	Q2 2017vs Q2 2016	$139.6MM$130.1MM
Deposits	Q2 2017vs Q2 2016	$189.2MM$186.2MM
Equity Capital	Q2 2017vs Q2 2016	$15.3MM$15.0MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$937.00K$881.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$1.5MM$907.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

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