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Connecticut

Last updated on 2019-12-17

General

not credit union specific

Officer Loan Status
Allowed
Officer Loan Comment
If loan is not in "made in the usual course of business for the corporation" or for a "legitimate purpose of the corporation" then directors approving it are jointly and severally liable for the repayment of the loan
Officer Loan Statute
CGS § 33-1106

Credit Union Information

Split Dollar Process
Allowed
Split Dollar Comment
Parity Process
Notify
Parity Comment
Somewhat restrictive - CGA § 36a-455a(23)
Parity Statute
—
Alternative To Parity Request
—
CDA Status
Permitted
CDA Comment
Permitted per CGA § 36a-455a(16):
Director Compensation Status
No comp
Director Compensation Statute
Conn. Gen. Stat. § 36a-448a(f)
Credit Union Regulator

State Chartered Credit Unions

28 credit unions chartered in Connecticut

Name Charter Number CEO Total Assets Net Worth CA SD Concentration
STATE POLICE CREDIT UNION INC. 60048 Cynthia Graham $79,850,574 $10,857,519 $0 0%
COMMUNITY HEALTHCARE 60247 Lisa Vitkus $17,971,240 $1,204,904 $0 0%
DUTCH POINT 60457 Francis Proto $454,977,835 $42,351,048 $836,773 1.98%
NEW LONDON MUNICIPAL EMPLOYEES 60480 Melissa Robinson $3,037,569 $571,187 $0 0%
ACHIEVE FINANCIAL 61256 Andrew Klimkoski $184,561,407 $12,818,073 $3,040,750 23.72%
COMMUNITY CU OF NEW MILFORD, INC. 61261 John Kmetz $15,100,974 $936,717 $0 0%
KIEF PROTECTIVE MUTUAL BENEFIT ASS. 61265 Nestor Palacio $1,045,510 $176,996 $0 0%
TRUMBULL 61838 Ross Murray $3,687,457 $322,671 $0 0%
CONNECTICUT STATE EMPLOYEES 65728 Daniel Daigle $2,533,828,074 $188,003,108 $0 0%
NORTHWEST HILLS 65803 Paul Rougeot $42,169,061 $2,851,491 $0 0%
NEW HAVEN COUNTY 65809 Christopher Marone $28,477,968 $1,644,737 $0 0%
METROPOLITAN DISTRICT EMPLOYEES 65817 Karen Viets $30,353,883 $3,593,595 $0 0%
NEW HAVEN FIREFIGHTERS 65862 Michelle Serra $8,161,253 $1,476,532 $0 0%
NORWALK HOSPITAL 65954 Donald Robertson $41,053,341 $3,222,791 $0 0%
STAMFORD HEALTHCARE 66002 Rose Coscarelli-Curtis $25,833,124 $2,479,978 $0 0%
REGIONAL WATER AUTHORITY EMPLOYEES 66044 Sarah Bochicchio $7,179,991 $712,920 $0 0%
NORTHEASTERN CT. HEALTH CARE 66057 Kathy Butremovic $11,454,782 $1,429,220 $0 0%
FIRST CONNECTICUT 66062 Susan Brown $50,157,902 $3,878,386 $0 0%
SIKORSKY FINANCIAL 68453 Vincent Ciambriello Jr. $1,140,110,073 $113,215,142 $0 0%
MUTUAL SECURITY 68479 Henry Baum $356,274,408 $27,792,241 $4,866,138 17.51%
MEMBERS 68487 Kathy Chartier $40,068,650 $2,996,001 $0 0%
CONNEX 68511 Francesco Mancini $868,593,338 $81,275,806 $8,956,268 11.02%
SOUNDVIEW FINANCIAL 68620 Jo-Ann Palladino $47,046,860 $4,686,427 $0 0%
NUTMEG STATE FINANCIAL 68657 John Holt $532,379,955 $73,413,580 $450,000 0.61%
AMERICAN EAGLE FINANCIAL 68659 Howard Brady $2,445,924,667 $202,171,767 $24,533,961 12.14%
FINEX 68662 Michael Palladino $108,119,196 $9,423,698 $3,747,814 39.77%
CORNERSTONE COMMUNITY 68674 RALPH CERVERO $70,665,058 $4,642,976 $5,155,539 111.04%
AMERICA'S FIRST NETWORK 68680 Nicholas Moalli $61,685,401 $4,988,708 $0 0%