CT Labor Department Federal Credit Union


Overview / Commentary
860-263-6500
200 Folly Brook Blvd
Wethersfield, CT 06109

CT Labor Department Federal Credit Union is headquartered in Wethersfield and is the 53rd largest credit union in the state of Connecticut. It is also the 3,434th largest credit union in the nation. It was established in 1939 and as of March of 2025, it had grown to 2 employees and 1,183 members at 1 location. CT Labor Department Federal Credit Union has a B health rating.

Field of Membership Restrictions

CT Labor Department Federal Credit Union is open to employees (and their family members) of the Connecticut Labor Department.
See current membership details

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. CT Labor Department Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #3544
Year Chartered1939
Employees2
Primary Regulator
Profit Margin
Return on Assets - YTD-0.96%
Return on Equity - YTD-5.71%
Annual Interest Income$112K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$14MM$13.9MM
LoansQ1 2025vs Q1 2024$3.5MM$3.4MM
DepositsQ1 2025vs Q1 2024$11.7MM$11.9MM
Equity CapitalQ1 2025vs Q1 2024$2.3MM$2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$0$17K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$0$3K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for CT Labor Department Federal Credit Union are currently being reviewed.

Locations


CT Labor Department Federal Credit Union Locations
Branch Office200 Folly Brook BlvdWethersfield, CT 06109

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