CorePlus Federal Credit Union receives Five Stars

February 23, 2009 CorePlus Federal Credit Union, Eastern Connecticut, continues to earn a 5 star rating according to Bauer Financial Inc. Coral Gables, Florida the nation’s leading independent bank rating firm. The 5 star award recognizes CorePlus’s continuous Superior performance and strengths. The award is based on an analysis of current financial data as supplied by federal regulators, supplemented by historical data.
Earning a 5- STAR rating is an outstanding achievement. It means CorePlus Federal Credit Union is one of the strongest financial institutions in the country.

CorePlus Federal Credit Union is a federally chartered, member owned, not for profit financial cooperative serving over 21,000 members in Eastern Connecticut. In the spirit of credit unions everywhere, CorePlus is “Not for Profit, Not for Charity, but for Service” For all members and friends at CorePlus “We Can Make it Happen”.

The CorePlus success story dates back to Monday evening, March 30, 1936 when a small group of visionary members of the Norwich Teachers League met in an organizational meeting a the Wauregan Hotel to form the Norwich Connecticut Teachers Federal Credit Union by enrolling 27 charter members with a total of $15.00 in initial deposits.

From those humble beginnings CorePlus Federal Credit Union has grown to asset levels of greater than $185 million and now offers a full range of financial products and services from any one of our seven office locations. “ We have over 21,000 owners! Yes owners said Warren P. Scholl CEO of CorePlus. Our members own CorePlus”. They should all be very proud of this accomplishment and of their Credit Union.”

The CorePlus branch network now includes locations in Norwich, Taftville, Plainfield, Groton, East Lyme, Waterford, and inside the William W. Backus Hospital. Today, anyone who lives, works, attends school, or worships in New London or Windham county is eligible to become a member of the CorePlus family. end.