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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 3,212th largest credit union in the nation. It was established in 1936 and as of March of 2017, it had grown to 4 employees and 3,248 members at 3 locations. Mckesson Federal Credit Union 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 - YTD0.08%
Return on Equity - YTD0.81%
Annual Interest Income$136.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$24.4MM$24.6MM
LoansQ1 2017vs Q1 2016$7.0MM$7.3MM
DepositsQ1 2017vs Q1 2016$21.9MM$22.1MM
Equity CapitalQ1 2017vs Q1 2016$2.5MM$2.4MM
Loan Loss AllowanceQ1 2017vs Q1 2016$44.00K$48.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$13.00K$29.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates

Rates for Mckesson Federal Credit Union are currently being reviewed.

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