Connect Credit Union

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A short history of Connect CU

Since its inception in 1909 the Connect Credit Union has been serving its members in the FORT LAUDERDALE, Florida 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 Scott Meyer, the Connect CU has grown its membership to over 5,915 with assets of more than $75,661,228. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (954) 730-2047 or email them at memberservice@fltcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in FORT LAUDERDALE, FL.

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

Charter Number 67342
Address 3400 W COMMERCIAL BLVD 
City FORT LAUDERDALE 
State Florida 
Zip-Code 33309
Phone Number (954) 730-2047
Fax Number (954) 777-4220
Email Address: memberservice@fltcu.org
CEO/President Scott Meyer
Members 5,915 
Full-Time Employees 23 
Part-Time Employees
Number of Branch Offices
Total Assets 75,661,228 
Website http://www.connectcu.org 

Compare Connect Credit Union To Other Local Credit Unions


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Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Broward Healthcare CU NORTH BROWARD 201 e sample rd 33064 (954) 786-6485 No 0.28
Coral Community CU Coral Community FCU- Main Office 1930 NE 47th St Ste 120 33308 (954) 772-2330 No 3.12
We Florida Financial CU Wilton Manors 2246 Wilton Dr 33305 (954) 745-2400 No 4.84
Brightstar CU BirghtStar Credit Union 1879 N State Road 7 33310 (954) 486-2728 No 5.09
Pompano Beach City Emp. CU credit union office 420 ne 19th ave 33060 (954) 785-8710 No 5.23

Connect Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Connect 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 11.35 3.08 5.72 4.21 5.56
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 368 154 412 170 296
Rank Among All Florida Credit Unions 46 31 59 24 38

Connect Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.34 0.71 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 91 222 227
Rank Among All Florida Credit Unions 14 19 17 41 28
Connect Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.3509092,238,908
All Other Unsecured Loans/Lines of Credit 11.9708403,109,061
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 8.0005261,946,965
New Vehicle Loans 3.0804507,645,839
Used Vehicle Loans 5.7205306,639,010
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.210505,465,612
Total Other Real Estate Loans/Lines of Credit 5.560893,730,204
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.60063512,480,578
TOTAL LOANS & LEASES 4,02943,256,177

Connect 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 172,075,6221108,000
    b. 15 Years or less 141,430,4372282,000
Balloon/Hybrid
    a. > 15 years 181,550,000181,550,000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1409,55300
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 462,146,05100
Closed-End Adjustable Rate 8210,96900
Open-End Adjustable Rate 351,373,18451420,372
Open-End Fixed Rate 0000
TOTALS 1399,195,816722,360,372

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Connect 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 Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes