CONNECT CREDIT UNION Credit Union Profile

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CONNECT CREDIT UNION

Charter #67342 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (954) 730-2047

Fax: (954) 777-4220

Founding Date: N/A

Website: http://www.connectcu.org

Personnel & Operations

President: Webb, Howard

Manager: Meyer, Scott

FT Employees: 23

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 3

Hours: M 830-430 T 830 -430 W 11-430 T 830-430

Credit Union Profile Summary

CONNECT CREDIT UNION is a FISCU Credit Union. With a total of 5,286 members [1], this institution manages approximately $98,330,459 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.95% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.77% [1].

Financial Snapshot

Total Assets [1]
$98,330,459

Total economic resources.

Total Loans [1]
$70,749,021

Total value of outstanding loans.

Total Deposits [1]
$85,029,015

Total funds deposited by members.

Members [1]
5,286

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.95%

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]
1.29%

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

Loan-to-Share Ratio [1]
83.21%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
0.90%

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

Loan Growth (4Q) [1]
-2.77%

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

Member Growth (4Q) [1]
-3.45%

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

Headquarters Location & Map

Headquarters Address

3400 W Commercial Blvd

Fort lauderdale, FL, 33309

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 CONNECT CREDIT UNION (Charter #67342).

Main Office

Main Office Main Office

Type: Corporate Office

3400 W Commercial Blvd

Fort Lauderdale, FL 33309

Phone: (954) 730-2047

Services: Member Services

Open in Directions

Additional Branches

Deland

Deland

Type: Branch Office

719 S Woodland Blvd

Deland, FL 32720

Phone: (954) 730-2047

Services: Member Services

Open in Directions

Miami

Miami

Type: Branch Office

1000 NW 111th Ave

Miami, FL 33172-5800

Phone: (954) 730-2047

Services: Member Services

Open in Directions

Stuart

Stuart

Type: Branch Office

1993 S Kanner Hwy

Stuart, FL 34994

Phone: (772) 287-4057

Services: Member Services, ATM

Open in Directions