Overview / Commentary
3528 E Main St
Waterbury, CT 06705

Skyline Financial Federal Credit Union is headquartered in Waterbury and is the 40th largest credit union in the state of Connecticut. It is also the 2,836th largest credit union in the nation. It was established in 1935 and as of June of 2018, it had grown to 8 employees and 4,797 members at 1 location. Skyline Financial Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is extended to employees of AT&T, Frontier Communications, Comcast Communications, or any of the twenty-four Small Employee Groups (SEG) in exchange areas that comprise our Credit Union.
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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. Skyline Financial Federal Credit Union has a low asset base.

Health Grade Components

NCUA #452
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD-0.46%
Return on Equity - YTD-3.88%
Annual Interest Income$535.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$31.9MM$32.7MM
LoansQ2 2018vs Q2 2017$17.4MM$19.3MM
DepositsQ2 2018vs Q2 2017$28.0MM$28.7MM
Equity CapitalQ2 2018vs Q2 2017$3.8MM$4.0MM
Loan Loss AllowanceQ2 2018vs Q2 2017$40.00K$46.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$97.00K$30.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
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Skyline Financial Federal Credit Union Savings Account Rates

0.20%$100-IRA Share
0.15%$100-Regular Shares
0.15%$100-Sub Account
0.15%$100-Club Account

Skyline Financial Federal Credit Union CD Rates

2.27%$500-3 Year CD
1.51%$500-2 Year CD
1.26%$500-18 Month CD
0.75%$500-1 Year CD
0.50%$500-6 Month CD

Skyline Financial Federal Credit Union IRA Rates

2.27%$500-3 Year IRA
1.51%$500-2 Year IRA
0.75%$500-1 Year IRA
0.50%$500-6 Month IRA

Skyline Financial Federal Credit Union Locations
Branch Office3528 E Main StWaterbury, CT 06705

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