Hartford Federal Credit Union is headquartered in Hartford and is the 16th largest credit union in the state of Connecticut. It is also the 1,461st largest credit union in the nation. It was established in 1961 and as of June of 2020, it had grown to 37 employees and 18,128 members at 6 locations. Hartford Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those live, work, worship or attend school in any of the towns in Hartford, Middlesex or Tolland County and their immediate family.
See current membership details
Great If You Never Have To Make A Deposit
I have direct deposit and for the most part, it works out great. But if I ever need to make a deposit after hours, it's impossible. HFCU is the only bank I know of that still requires an envelope to make a deposit. And worst of all, there are never envelopes in the ATM area. I've driven to different ATM's and none have envelopes to make a deposit. This is incredibly inconvenient and frustrating.
I give it 3 stars because the web portal and application is fantastic. I just wish making a deposit would be modernized.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 14388 |
| Year Chartered | 1961 |
| Employees | 37 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.13% |
| Return on Equity - YTD | 1.26% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $135.7MM$121.3MM |
| Loans | Q2 2020vs Q2 2019 | $49.7MM$51.3MM |
| Deposits | Q2 2020vs Q2 2019 | $120.8MM$106.9MM |
| Equity Capital | Q2 2020vs Q2 2019 | $13.8MM$13.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $428.00K$403.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $522.00K$257.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |