CT Labor Department Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.51% | 1-year CD | 1.38% - National Average |
| 0.20% | Savings | 0.26% - National Average |
| 2.25% | 4-year CD | 1.99% - National Average |
CT Labor Department Federal Credit Union is headquartered in Wethersfield and is the 62nd largest credit union in the state of Connecticut. It is also the 3,807th largest credit union in the nation. It was established in 1939 and as of December of 2018, it had grown to 3 employees and 1,595 members at 1 location. CT Labor Department Federal Credit Union's CD rates are 68% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
CT Labor Department FCU is open to employees (and their family members) of the Connecticut Labor Deparment.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3544 |
| Year Chartered | 1939 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.2% |
| Return on Equity - YTD | 1.33% |
| Annual Interest Income | $424.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $12.8MM$12.9MM |
| Loans | Q4 2018vs Q4 2017 | $3.6MM$3.7MM |
| Deposits | Q4 2018vs Q4 2017 | $10.7MM$11.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $2.0MM$1.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $55.00K$46.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $21.00K$87.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not CT Labor Department Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
CT Labor Department Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | - | - | IRA Account | |
| 0.20% | $100 | - | Share Account | |
| 0.20% | - | - | Holiday Club | |
| 0.20% | - | - | Vacation Club | |
| 0.20% | - | - | Escrow Accounts | |
| 0.20% | - | - | Transfer Share Account |
CT Labor Department Federal Credit Union CD Rates
CT Labor Department Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.51% | $500 | - | 2 Year IRA Certificate | |
| 1.26% | $500 | - | 1 Year IRA Certificate |
| CT Labor Department Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 200 Folly Brook Blvd | Wethersfield, CT 06109 |