Finex Credit Union

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A short history of Finex CU

Since its inception in 1938 the Finex Credit Union has been serving its members in the East Hartford, 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 Michael Palladino, the Finex CU has grown its membership to over 9,208 with assets of more than $81,590,253. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (860) 282-0001 to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in East Hartford, CT.

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

Charter Number 68662
Address PO Box 280167 
City East Hartford 
State Connecticut 
Zip-Code 06128
Phone Number (860) 282-0001
Fax Number (860) 528-8925
Email Address: ----
CEO/President Michael Palladino
Members 9,208 
Full-Time Employees 29 
Part-Time Employees
Number of Branch Offices
Total Assets 81,590,253 

Compare Finex Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Connecticut Transit CU CT Transit FCU 100 Leibert Rd 06147 (860) 244-9344 No 2.29
Greater Hartford Police CU Main Branch 253 High St 06103 (860) 522-0899 No 3.39
Hartford Healthcare CU Htfd Hosp Branch 85 Jefferson St 06103 (860) 545-3176 No 3.70
Connecticut State Employees CU Connecticut State Employees Credit Union 84 Wadsworth St 06106 (860) 249-4839 No 3.73
Metropolitan District Employees CU Main Office 250 MURPHY RD 06143 (860) 560-9036 No 3.84

Finex Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Finex 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 N/A 2.75 3.25 3.88 4.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 115 120 119 200
Rank Among All Connecticut Credit Unions N/A 19 15 14 33

Finex Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 1.00 0.10 0.30 0.50 0.55
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 36 129 97 263 219
Rank Among All Connecticut Credit Unions 2 13 10 24 20
Finex Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 9.2501,9168,132,722
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7501372,268,163
Used Vehicle Loans 3.25097110,041,641
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.88013016,522,652
Total Other Real Estate Loans/Lines of Credit 4.75057320,282,575
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.750691,144,633
TOTAL LOANS & LEASES 3,79658,392,386

Finex 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 302,784,562193,486,135
    b. 15 Years or less 402,696,97081,417,600
    a. > 15 years 265,446,0273703,710
    b. 15 Years or less 345,595,0931200,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 2105,537,01614526,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 36314,745,559342,740,600
Open-End Fixed Rate 0000
TOTALS 70336,805,227799,074,045


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 38013,271,3152,740,600
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Finex Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
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 Yes
Home Banking Via Internet Website Yes