Nutmeg State Financial Credit Union is headquartered in Rocky Hill and is the 6th largest credit union in the state of Connecticut. It is also the 682nd largest credit union in the nation. It was established in 1935 and as of June of 2023, it had grown to 102 employees and 42,108 members at 11 locations. Nutmeg State Financial Credit Union has an A+ health rating.
Membership to Nutmeg State Financial Credit Union is open to those who live, work, volunteer, attend school, or worship in the Connecticut counties of Hartford, Middlesex, New Haven, or Tolland, as well as the Fairfield County towns of Bridgeport, Fairfield, Norwalk, Shelton, Stratford, Trumbull, or Westport. Immediate family of current members also qualify for membership.
See current membership details
|Return on Assets - YTD||0.39%|
|Return on Equity - YTD||3.08%|
|Annual Interest Income||$11.8MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$562.4MM$526.5MM|
|Loans||Q2 2023vs Q2 2022||$432.0MM$397.4MM|
|Deposits||Q2 2023vs Q2 2022||$478.9MM$440.2MM|
|Equity Capital||Q2 2023vs Q2 2022||$70.7MM$67.5MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$0$2.1MM|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$1.4MM$1.4MM|
|Real Estate Owned||Q2 2023vs Q2 2022||$0$0|
Rates for Nutmeg State Financial Credit Union are currently being reviewed.