New London Municipal Employees

Headquarters

111 Union St
New London, CT 06320
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

New London Municipal Employees is an NCUA insured institution located in New London, CT. It was founded in 1953 and has approximately $3.23 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 60480
Date Established 1953
Assets $3.23 million
Loans $1.58 million
Deposits $2.60 million
Capital $0.63 million
 

Deposit Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

We do not yet have rates for New London Municipal Employees

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Note to New London Municipal Employees
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Loan Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for NEW LONDON MUNICIPAL EMPLOYEES

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.775% 2.750% 0.38 $808 $1,021 Learn More
Morty, Inc.
NMLS ID: 1429243
2.706% 2.625% 0.63 $2,668 $1,005 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.790% 2.750% 0.50 $1,290 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to NEW LONDON MUNICIPAL EMPLOYEES
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are New London Municipal Employees branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


New London Municipal Employees Locations


Financial Details

New London Municipal Employees Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of New London Municipal Employees. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
New London Municipal Employees U.S. Average
0.37% 5.40

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2020, New London Municipal Employees had $2,390 in non-current loans and $0 in owned assets. To cover these potential losses it had $634,802 in net worth and $3,091 in loans loss reserves. That gives it a Texas Ratio of 0.37%.

Net Worth
New London Municipal Employees U.S. Average
19.63% 12.67%

New London Municipal Employees FCU has a net worth of 19.63% versus the BestCashCow average of 12.67. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About New London Municipal Employees

Branches and Savings

What is New London Municipal Employees?

A credit union, registered with the NCUA under certificate #60480.
Learn more about credit unions here.

Is New London Municipal Employees FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. New London Municipal Employees is insured by the NCUA.

Who can join New London Municipal Employees?

Please see Field of Membership information above for information on who is eligible to join.

What are New London Municipal Employees's share account and share certificate rates?

New London Municipal Employees's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is New London Municipal Employees?

New London Municipal Employees has total capital of $0.63 million. Full information on New London Municipal Employees's financial position is located above.

Who owns New London Municipal Employees?

Credit Unions are owned by their members.

Where are New London Municipal Employees branches located?

See branch locations nearby.

Are New London Municipal Employees ATMs Open 24/7?

Do New London Municipal Employees ATMs accept cash deposits?

Can New London Municipal Employees customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does New London Municipal Employees have a mobile app?

Does New London Municipal Employees have mobile deposit?

Does New London Municipal Employees have quick pay?

How can New London Municipal Employees transfer money to other banks or credit unions?

Does New London Municipal Employees report to credit bureaus?

Does New London Municipal Employees use Chexsystems?

Does New London Municipal Employees use Equifax?

What is New London Municipal Employees's toll free phone number?

What is New London Municipal Employees's ACH Routing Number?

What is New London Municipal Employees's SWIFT code?

Where can I find New London Municipal Employees's wire transfer form?

What is the New London Municipal Employees address for deposits?

What Products Does New London Municipal Employees Offer

Does New London Municipal Employees offer mortgages?

Compare mortgage rates here.

Does New London Municipal Employees offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does New London Municipal Employees offer auto and RV loans?

Compare auto loan rates here.

Does New London Municipal Employees offer student loans or personal loans?

Compare personal loan rates here.

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