Overview / Commentary
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 3,130th largest credit union in the nation. It was established in 1936 and as of December of 2018, it had grown to 4 employees and 3,107 members at 3 locations. McKesson Federal Credit Union's CD rates are 3X the national average, and it has a B health rating.

Field of Membership Restrictions

McKesson Federal Credit Union offers membership to to residents of the south end of Stratford, Connecticut and to employees of the credit union's select employer groups.
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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

NCUA #1706
Year Chartered1936
Primary Regulator
Profit Margin
Return on Assets - YTD0.25%
Return on Equity - YTD2.41%
Annual Interest Income$665.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$24.2MM$23.6MM
LoansQ4 2018vs Q4 2017$7.0MM$7.1MM
DepositsQ4 2018vs Q4 2017$21.6MM$21.1MM
Equity CapitalQ4 2018vs Q4 2017$2.5MM$2.5MM
Loan Loss AllowanceQ4 2018vs Q4 2017$38.00K$42.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$13.00K$15.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
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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

0.60%--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

0.60%*$25k*-Money Market Deposit Account
OTHER TIERS: 0.10% $2.5k - $10k | 0.30% $10k - $25k

McKesson Federal Credit Union CD Rates

3.00%$1k-5 Year Share Certificate
2.80%$1k-3 Year Share Certificate
2.75%$1k-2 Year Share Certificate Special
2.60%$1k-18 Month Share Certificate
2.50%$1k-1 Year Share Certificate Special
2.25%$1k-6 Month Share Certificate

McKesson Federal Credit Union IRA Rates

3.00%$1k-5 Year IRA Certificate
2.80%$1k-3 Year IRA Certificate
2.75%$1k-2 Year IRA Certificate Special
2.60%$1k-18 Month IRA Certificate
2.50%$1k-1 Year IRA Certificate Special
2.25%$1k-6 Month IRA Certificate

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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