Greenwich Municipal Employees Federal Credit Union


Overview / Commentary
203-869-5280
439 West Putnam Avenue
Greenwich, CT 06830

Greenwich Municipal Employees Federal Credit Union is headquartered in Greenwich and is the 46th largest credit union in the state of Connecticut. It is also the 2,864th largest credit union in the nation. It was established in 1969 and as of March of 2025, it had grown to 3 employees and 2,091 members at 3 locations. Greenwich Municipal Employees Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Greenwich Municipal Employees Federal Credit Union is open to employees or retirees of the Town of Greenwich (excluding the Board of Education employees). Any immediate family member is also eligible for membership.
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. Greenwich Municipal Employees Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #19203
Year Chartered1969
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD1.23%
Return on Equity - YTD9.18%
Annual Interest Income$307K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$31.2MM$30.6MM
LoansQ1 2025vs Q1 2024$9.4MM$9.4MM
DepositsQ1 2025vs Q1 2024$26.8MM$26.7MM
Equity CapitalQ1 2025vs Q1 2024$4.1MM$3.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$122K$102K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$12K$68K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Greenwich Municipal Employees Federal Credit Union are currently being reviewed.

Locations


Greenwich Municipal Employees Federal Credit Union Locations
Corporate Office439 W Putnam AveGreenwich, CT 06830-1053
Corporate Office240 N Roosevelt AveChandler, AZ 85226
Corporate Office7301 Pacific St # 7305Omaha, NE 68114

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