Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
333 Church Street
Naugatuck, CT 06770

Naugatuck Valley Savings and Loan is headquartered in Naugatuck and is the 22nd largest bank in the state of Connecticut. It is also the 1,327th largest bank in the nation. It was established in 1922 and as of March of 2014, it had grown to 159 employees at 10 locations. Naugatuck Valley Savings and Loan has a B+ health rating.

Related Posts

No reviews have been left for this bank yet. Be the first to review.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Naugatuck Valley Savings and Loan had $9.9 million in non-current loans and owned real-estate with $63.24 million in equity and loan loss allowances on hand to cover it. This gives Naugatuck Valley Savings and Loan a Texas Ratio of 15.66% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Naugatuck Valley Savings and Loan decreased dramatically from 38.41% as of March 31, 2013 to 15.66% as of March 31, 2014, resulting in a positive change of 59.22%.This indicates that the balance sheet and financial strength for Naugatuck Valley Savings and Loan has improved dramatically in recent periods.

Deposit Growth


In the past year, Naugatuck Valley Savings and Loan has decreased its total deposits by -$21.39 million, resulting in -5.13% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Naugatuck Valley Savings and Loan has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Naugatuck Valley Savings and Loan has $509.2 million in assets with $63.24 million in equity, resulting in a capitalization level of 12.42%, which is excellent.

Institution Statistics

FDIC Certificate #30365
Year Established1922
Primary RegulatorOCC
Assets and Liabilities
Assets$509.21 million
Loans$360.64 million
Deposits$395.73 million
Equity Capital$53.38 million
Loan Loss Allowance$9.87 million
Unbacked Noncurrent Loans$8.79 million
Real Estate Owned$1.11 million
Historic Data - March 2013
Assets$528.13 million
Equity Capital$51.96 million
Loan Loss Allowance$14.25 million
Unbacked Noncurrent Loans$8.79 million
Real Estate Owned$497,000
Profit Margin - Quarterly
Net Interest Margin3.61%
Return on Assets-0.64%
Return on Equity-5.96%
Interest Income$4.93 million
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Naugatuck Valley Savings and Loan, we are a rate comparison website and can not provide official rates or promotions.

Naugatuck Valley Savings and Loan Savings Account Rates

0.50%$5k-Health Savings Account

Naugatuck Valley Savings and Loan Locations
New Haven Rd Branch1009 New Haven RoadNaugatuck, CT 6770
Waterbury Branch1030 Hamilton AveWaterbury, CT 6706
Beacon Falls Branch127 South Main StreetBeacon Falls, CT 6403
Southford Branch1570 Southford RoadSouthbury, CT 6488
Cheshire Branch1699 Highland AveCheshire, CT 6410
Seymour Branch249 West StreetSeymour, CT 6483
Naugatuck Valley Savings and Loan333 Church StreetNaugatuck, CT 6770
Southbury Branch3c Village GreenSouthbury, CT 6488
Pershing Drive Branch49 Pershing DriveDerby, CT 6418
Bridgeport Avenue Branch504 Bridgeport AvenueShelton, CT 6484