Overview / Commentary
888-324-6927
97 Honeyspot Rd
Stratford, CT 06615-6402

Mckesson Federal Credit Union is headquartered in Stratford and is the 49th largest credit union in the state of Connecticut. It is also the 3,137th largest credit union in the nation. It was established in 1936 and as of June of 2018, it had grown to 4 employees and 3,161 members at 3 locations. Mckesson Federal Credit Union's CD rates are 2X the national average, and it has a B health rating.

Field of Membership Restrictions

Membeship is open to residents of the south end of Stratford, Connecticut and to employees of the credit union's select employer groups.
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Health
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. Mckesson Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #1706
Year Chartered1936
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD0.09%
Return on Equity - YTD0.89%
Annual Interest Income$313.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$24.8MM$24.2MM
LoansQ2 2018vs Q2 2017$7.0MM$7.2MM
DepositsQ2 2018vs Q2 2017$22.3MM$21.7MM
Equity CapitalQ2 2018vs Q2 2017$2.5MM$2.5MM
Loan Loss AllowanceQ2 2018vs Q2 2017$40.00K$40.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$13.00K$11.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Mckesson Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--IRA Account
0.10%$200-Regular Share Savings Account
0.10%--Holiday Club Account
0.10%--Vacation Club Account

Mckesson Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$25k*-Money Market Deposit Account
OTHER TIERS: 0.10% $2.5k - $10k | 0.30% $10k - $25k

Mckesson Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$1k-5 Year Share Certificate
2.40%$1k-3 Year Share Certificate
2.25%$1k-2 Year Share Certificate
2.15%$1k-18 Month Share Certificate
2.10%$1k-1 Year Share Certificate Special
2.02%--6 Month Share Certificate Special

Mckesson Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$1k-5 Year IRA Certificate
2.40%$1k-3 Year IRA Certificate
2.25%$1k-2 Year IRA Certificate
2.15%$1k-18 Month IRA Certificate
2.10%$1k-1 Year IRA Certificate Special
2.02%$1k-6 Month IRA Certificate
Locations


Mckesson Federal Credit Union Locations
Branch Office130 Division StDerby, CT 06418-1326
Branch Office300 Seaside AveMilford, CT 06460
Branch Office97 Honeyspot RdStratford, CT 06615-6402

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