Franklin Trust Federal Credit Union


Overview / Commentary
866-835-8485
632 Franklin Ave
Hartford, CT 06114

Franklin Trust Federal Credit Union is headquartered in Hartford and is the 33rd largest credit union in the state of Connecticut. It is also the 2,260th largest credit union in the nation. It was established in 1934 and as of December of 2024, it had grown to 24 employees and 9,040 members at 2 locations. Franklin Trust Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in Hartford County, Connecticut.
See current membership details

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Health
B+
Additional 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. Franklin Trust Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #12
Year Chartered1934
Employees24
Primary Regulator
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD6.83%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$60.5MM$59.6MM
LoansQ4 2024vs Q4 2023$32MM$27.9MM
DepositsQ4 2024vs Q4 2023$55.3MM$52.3MM
Equity CapitalQ4 2024vs Q4 2023$5MM$4.5MM
Loan Loss AllowanceQ4 2024vs Q4 2023$997K$874K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$275K$390K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

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Locations


Franklin Trust Federal Credit Union Locations
Corporate Office624 Franklin AveHartford, CT 06114
Branch Office632 Franklin AveHartford, CT 06114

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