Connecticut
Connecticut State Capitol
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: Credit Union League of Connecticut
- Bruce Adams, President/CEO
- Website: culct.coop
PRIVATE SHARE INSURANCE: No
2024 STATS
- Largest SCU: AMERICAN EAGLE FINANCIAL CU $2.66B in assets
- Largest FCU: CHARTER OAK FCU $1.6B in assets
| Second Quarter 2024 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 25 | 47 | 72 | 34.72% |
| Credit Union Members | 0.57M | 0.38M | 0.95M | 60.47% |
| Credit Union Assets | $9.89B | $5.18B | $15.07B | 65.60% |
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.
What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!