Overview / Commentary
Dutch Point Credit Union is headquartered in Wethersfield and is the 7th largest credit union in the state of Connecticut. It is also the 753rd largest credit union in the nation. It was established in 1960 and as of June of 2020, it had grown to 62 employees and 23,494 members at 8 locations. Dutch Point Credit Union has an A health rating.
Field of Membership Restrictions
Dutch Point Credit Union of Connecticut is open to the residents, registered students, church members, people maintaining employment, and the people that conduct business in these Connecticut Counties: Hartford, New Haven, New London, and Middlesex as well as the family members of current credit union members.
See current membership details
Health
A
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60457 |
| Year Chartered | 1960 |
| Employees | 62 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.26% |
| Return on Equity - YTD | -2.43% |
| Annual Interest Income | $4.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $382.9MM$333.4MM |
| Loans | Q2 2020vs Q2 2019 | $180.9MM$163.5MM |
| Deposits | Q2 2020vs Q2 2019 | $341.8MM$294.0MM |
| Equity Capital | Q2 2020vs Q2 2019 | $38.8MM$37.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $577.00K$488.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $543.00K$862.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |