ACHIEVE FINANCIAL Credit Union Profile

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ACHIEVE FINANCIAL

Charter #61256 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (860) 828-2790

Fax: (860) 828-6080

Founding Date: N/A

Website: http://www.achievefinancialcu.com

Personnel & Operations

President: Fredericks, John

Manager: Klimkoski, Andrew

FT Employees: 34

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 3

Hours: Mon, Wed, Fri 9 am - 4 pm Tues 10 am -

Credit Union Profile Summary

ACHIEVE FINANCIAL is a FISCU Credit Union. With a total of 16,660 members [1], this institution manages approximately $185,372,320 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 8.38% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -10.10% [1].

Financial Snapshot

Total Assets [1]
$185,372,320

Total economic resources.

Total Loans [1]
$113,590,054

Total value of outstanding loans.

Total Deposits [1]
$161,079,425

Total funds deposited by members.

Members [1]
16,660

Number of active members.

Performance Ratios

Net Worth Ratio [1]
8.38%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.14%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
70.52%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.32%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-10.10%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-4.77%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

279 New Britain Rd

Berlin, CT, 06037

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 4 branches reported by ACHIEVE FINANCIAL (Charter #61256).

Main Office

Berlin Main Office

Type: Corporate Office

279 New Britain Rd

Berlin, CT 06037

Phone: (860) 828-2790

Services: Member Services, ATM

Open in Directions

Additional Branches

Meriden

Meriden

Type: Branch Office

752 E Main St

Meriden, CT 06450-6019

Phone: (860) 828-2790

Services: Member Services, ATM, Drive-Thru

Open in Directions

New Britain

CCSU

Type: Branch Office

1615 Stanley St

New Britain, CT 06050

Phone: (860) 828-2790

Services: ATM

Open in Directions

New Britain

Type: Branch Office

450 W Main St

New Britain, CT 06052

Phone: (860) 828-2790

Services: Member Services, ATM, Drive-Thru

Open in Directions