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 603rd largest credit union in the nation. It was established in 1935 and as of September of 2024, it had grown to 116 employees and 52,570 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
Overall | |
---|---|
NCUA # | 68657 |
Year Chartered | 1935 |
Employees | 116 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.25% |
Return on Equity - YTD | 2.15% |
Annual Interest Income | $24.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2024vs Q3 2023 | $690.2MM$565.6MM |
Loans | Q3 2024vs Q3 2023 | $540.5MM$437.3MM |
Deposits | Q3 2024vs Q3 2023 | $578.3MM$473.5MM |
Equity Capital | Q3 2024vs Q3 2023 | $81.1MM$68.8MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $2.4MM$1.9MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $2.6MM$1.6MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Rates for Nutmeg State Financial Credit Union are currently being reviewed.