BENEFITS OF THE CONNECTICUT STATE CHARTER (View/download PDF)
REGULATING AGENCY: State of Connecticut Department of Banking; Financial Institutions Division
- Jorge Perez, Banking Commissioner
- Danzel Palmer, Director, Financial Institutions Division
- Website: portal.ct.gov/DOB/Credit-Union-Information/Credit-Union-Information/Credit-Union-Information
ACCREDITED: 1990
LEAGUE: Connecticut’s Credit Unions
- Bruce Adams, President/CEO
- Website: https://ctcreditunions.org/
PRIVATE SHARE INSURANCE: No
2025 STATS
- Largest SCU: CONNECTICUT STATE EMPLOYEES CU $2.58B in assets
- Largest FCU: CHARTER OAK FCU $1.64B in assets
| Third Quarter 2025 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 25 | 43 | 68 | 36.76% |
| Credit Union Members | 0.57M | 0.36M | 0.94M | 61.22% |
| Credit Union Assets | $10.03B | $5.13B | $15.16B | 66.16% |
FUN FACT
The first law regulating the speed of motor vehicles was created in this state in 1901. The first speed limit was 12 miles per hour.
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