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Franklin Trust Federal Credit Union


Overview / Commentary
www.franklintrust.org
866-835-8485
632 Franklin Ave
Hartford, CT 06114

Franklin Trust Federal Credit Union is headquartered in Hartford and is the 32nd largest credit union in the state of Connecticut. It is also the 2,415th largest credit union in the nation. It was established in 1934 and as of December of 2019, it had grown to 22 employees and 9,106 members at 3 locations. Franklin Trust Federal Credit Union's money market rates are 27% higher than the national average, but it has a C 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
C

Data as of Q4 2019

Learn why bank health matters
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 low asset base.

Health Grade Components

Overall
NCUA #12
Year Chartered1934
Employees22
Primary Regulator
Profit Margin
Return on Assets - YTD0.07%
Return on Equity - YTD1.04%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$45.7MM$44.5MM
LoansQ4 2019vs Q4 2018$24.1MM$23.6MM
DepositsQ4 2019vs Q4 2018$42.0MM$41.0MM
Equity CapitalQ4 2019vs Q4 2018$2.9MM$3.3MM
Loan Loss AllowanceQ4 2019vs Q4 2018$715.00K$617.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$614.00K$543.00K
Real Estate OwnedQ4 2019vs Q4 2018$335.00K$545.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Franklin Trust Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--Escrow
0.01%$200-IRA Shares
0.01%$200-Shares
0.01%$200-Clubs

Franklin Trust Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.56%*$100k*-Gold Star Money Market Account
OTHER TIERS: 0.30% → $2k - $20k | 0.40% → $20k - $50k | 0.45% → $50k - $100k

Franklin Trust Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$1k-Advantage Checking

Franklin Trust Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$1k-60 Month CD
0.90%$1k-48 Month CD
0.90%$1k-54 Month CD
0.65%$1k-36 Month CD
0.65%$1k-42 Month CD
0.55%$1k-18 Month CD
0.55%$1k-24 Month CD
0.55%$1k-30 Month CD
0.50%$1k-12 Month CD
0.45%$1k-6 Month CD

Franklin Trust Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$1k-60 Month IRA
0.90%$1k-48 Month IRA
0.90%$1k-54 Month IRA
0.65%$1k-36 Month IRA
0.65%$1k-42 Month IRA
0.55%$1k-18 Month IRA
0.55%$1k-24 Month IRA
0.55%$1k-30 Month IRA
0.50%$1k-12 Month IRA
Locations


Franklin Trust Federal Credit Union Locations
Branch Office55 Forest StHartford, CT 06105
Branch Office632 Franklin AveHartford, CT 06114
Corporate Office624 Franklin AveHartford, CT 06114

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