Windsor Locks Federal Credit Union
Overview / Commentary
Windsor Locks Federal Credit Union is headquartered in Windsor Locks and is the 27th largest credit union in the state of Connecticut. It is also the 2,148th largest credit union in the nation. It was established in 1940 and as of December of 2018, it had grown to 16 employees and 4,340 members at 1 location. Windsor Locks Federal Credit Union has a B health rating.
Field of Membership Restrictions
Windsor Locks Federal Credit Union is open to those who live, work, worship, or attend school in Hartford County, Connecticut and their immediate family.
See current membership details
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Health
B
Data as of Q4 2018
Learn why bank health mattersAdditional 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. Windsor Locks Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3757 |
| Year Chartered | 1940 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.18% |
| Return on Equity - YTD | 1.71% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $59.1MM$59.0MM |
| Loans | Q4 2018vs Q4 2017 | $37.2MM$36.6MM |
| Deposits | Q4 2018vs Q4 2017 | $52.1MM$51.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $6.3MM$6.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $117.00K$163.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $601.00K$502.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$179.00K |
Rates
Rates for Windsor Locks Federal Credit Union are currently being reviewed.
Locations
| Windsor Locks Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 516 Spring St | Windsor Locks, CT 06096 |