Coreplus Federal Credit Union

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A short history of Coreplus FCU

Since its inception in 1936 the Coreplus Federal Credit Union has been serving its members in the Norwich, Connecticut area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Nicholas Fortson, the Coreplus FCU has grown its membership to over 21,004 with assets of more than $205,472,398. They have a main office and 9 branch offices. Please see the credit unions website or contact them by phone at (860) 886-0576 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Norwich, CT.

General Information For Coreplus FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 1148
Address 202 Salem Tpke 
City Norwich 
State Connecticut 
Zip-Code 06360
Phone Number (860) 886-0576
Fax Number (860) 885-3538
Email Address:
CEO/President Nicholas Fortson
Members 21,004 
Full-Time Employees 64 
Part-Time Employees
Number of Branch Offices
Total Assets 205,472,398 

Compare Coreplus Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
New London Municipal Employees CU New London Municipal Employees Credit Union, Inc 111 Union St 06320 (860) 447-1585 No 13.31
Scient CU Andover 1 Burtt Rd 06320 (800) 585-5943 No 13.35
Groton Municipal Employees CU Credit Union Office 295 Meridian ST 06340 (860) 446-4121 No 13.47
Charter Oak CU Fitch High School 101 Groton Long Point Rd 06340 (860) 446-8085 No 14.01
Lawrence Memorial Hospital Employee CU Lawrence Memorial Hospital EFCU 365 Montauk Ave 06320 (860) 444-5104 No 14.68

Coreplus Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Coreplus Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.37 3.25 3.61 3.60 4.47
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 284 174 159 82 164
Rank Among All Connecticut Credit Unions 11 28 19 9 26

Coreplus Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.25 1.50 1.49
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 105 91 95
Rank Among All Connecticut Credit Unions N/A 15 12 4 5
Coreplus Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.3704,93510,256,174
All Other Unsecured Loans/Lines of Credit 7.6102,99210,162,219
Short-Term, Small Amount Loans (STS) (Federal CU Only) 27.80024097,830
Non-Federally Guaranteed Student Loans 6.2501585,469,450
New Vehicle Loans 3.2505096,700,129
Used Vehicle Loans 3.6103,32132,605,144
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.60055544,629,748
Total Other Real Estate Loans/Lines of Credit 4.47073219,056,421
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.24034910,578,779
TOTAL LOANS & LEASES 13,791139,555,894

Coreplus Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 8010,316,328253,821,925
    b. 15 Years or less 42128,606,321172,964,197
    a. > 15 years 454,273,61700
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 17,62000
Adjustable Rate > 1 yr 81,425,8621285,000


Closed-End Fixed Rate 2526,671,06311487,300
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 48012,385,358331,759,700
Open-End Fixed Rate 0000
TOTALS 1,28763,686,169879,318,122


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 2025,372,052487,300
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Coreplus Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes