Overview / Commentary
Seasons Federal Credit Union is headquartered in Middletown and is the 15th largest credit union in the state of Connecticut. It is also the 1,343rd largest credit union in the nation. It was established in 1935 and as of March of 2021, it had grown to 45 employees and 16,238 members at 3 locations. Seasons Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school, or volunteer in Middlesex County and the towns of Cheshire, East Haven, Branford, Madison, Guilford, Meriden, North Haven, North Branford, or Wallingford.
See current membership details
Health
B+
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 854 |
| Year Chartered | 1935 |
| Employees | 45 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.06% |
| Return on Equity - YTD | 1.39% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $171.3MM$151.7MM |
| Loans | Q1 2021vs Q1 2020 | $114.2MM$104.2MM |
| Deposits | Q1 2021vs Q1 2020 | $161.9MM$141.8MM |
| Equity Capital | Q1 2021vs Q1 2020 | $6.9MM$8.5MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $833.00K$614.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $278.00K$957.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |