Welcome to Ownership! CTCU is a financial cooperative, owned by its members. Based on the simple principle that ordinary people could pool their money and make loans to each other, CTCU was chartered in 1953. Through the years, we have grown in assets, in members, in offerings…and have even extended our banking services to seven surrounding counties. Yet one thing has remained unchanged – our devotion to our neighbors, friends, family – and the community we call home.