Hartford Federal Credit Union is headquartered in Hartford and is the 17th largest credit union in the state of Connecticut. It is also the 1,458th largest credit union in the nation. It was established in 1961 and as of December of 2022, it had grown to 32 employees and 17,125 members at 4 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 Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 14388 |
| Year Chartered | 1961 |
| Employees | 32 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.44% |
| Return on Equity - YTD | 13.61% |
| Annual Interest Income | $4.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $154.1MM$154.9MM |
| Loans | Q4 2022vs Q4 2021 | $65.9MM$60.6MM |
| Deposits | Q4 2022vs Q4 2021 | $135.1MM$139.6MM |
| Equity Capital | Q4 2022vs Q4 2021 | $16.4MM$14.3MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $399.00K$438.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $413.00K$188.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |