United Business & Industry Federal Credit Union

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A short history of United Business & Industry FCU

Since its inception in 1951 the United Business & Industry Federal Credit Union has been serving its members in the Plainville, 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 Stuart Phillips, the United Business & Industry FCU has grown its membership to over 11,044 with assets of more than $98,664,261. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (860) 747-4152 or email them at ubifcu@ubifcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Plainville, CT.

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

Charter Number 7244
Address 120 Woodford Ave 
City Plainville 
State Connecticut 
Zip-Code 06062
Phone Number (860) 747-4152
Fax Number (860) 793-8248
Email Address: ubifcu@ubifcu.com
CEO/President Stuart Phillips
Members 11,044 
Full-Time Employees 16 
Part-Time Employees 14 
Number of Branch Offices
Total Assets 98,664,261 
Website http://ubifcu.com 

Compare United Business & Industry Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Connecticut Postal CU CT Postal FCU-Main 135 Chestnut St 06050 (860) 225-5595 No 3.96
First Bristol CU First Bristol FCU 25 North St 06011 (860) 584-0956 No 4.88
Achieve Financial CU CCSU 1615 Stanley St 06037 (860) 828-2790 No 4.90
Meriden Postal Employees CU MERIDEN POSTAL EMPLOYEES F.C.U. Meriden Postal Emplyees FCU 06450 (203) 560-7809 No 9.04
Nutmeg State Financial CU Nutmeg State FCU 81 House St 06033 (860) 513-5760 No 9.11

United Business & Industry Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


United Business & Industry 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 9.99 2.24 2.24 3.49 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 56 35 70 56
Rank Among All Connecticut Credit Unions 8 9 5 5 6

United Business & Industry 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 0.45 1.02 0.30
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 69 169 259
Rank Among All Connecticut Credit Unions N/A 15 5 11 28
United Business & Industry Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9905761,215
All Other Unsecured Loans/Lines of Credit 8.4905074,040,349
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.2404407,838,824
Used Vehicle Loans 2.2404,15238,580,213
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.49017610,241,491
Total Other Real Estate Loans/Lines of Credit 3.5002789,914,271
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0501079,418
TOTAL LOANS & LEASES 5,62070,755,781

United Business & Industry Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 17610,241,4918677,164
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 731,937,1647293,119
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2057,977,107251,538,102
Open-End Fixed Rate 0000
TOTALS 45420,155,762402,508,385

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 2057,977,1071,538,102
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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