Sound Federal Credit Union


Overview / Commentary
203-977-4701
888 Washington Blvd. - 6th Floor
Stamford, CT 06901-3706

Sound Federal Credit Union is headquartered in Norwalk and is the 20th largest credit union in the state of Connecticut. It is also the 1,667th largest credit union in the nation. It was established in 1953 and as of December of 2022, it had grown to 31 employees and 9,380 members at 4 locations. Sound Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Sound Federal Credit Union is open to anyone who lives, works, worships, volunteers, or attends school in Bridgeport, Darien, Easton, Fairfield, Greenwich, Monroe, New Canaan, Norwalk, Shelton, Stamford, Stratford, Trumbull, Weston, Westport, or Wilton. Family are also eligible to join.
See current membership details

Reviews (1)

Excellent Experience

Posted by: |

I just completed the process of opening an 18 month certificate at Stamford FCU. The process was seamless. I first set up a share saving account, which was easy. I mailed in my funding checks for the certificate and all was completed accurately and quickly. The customer service was excellent.



Health
B+

Health Grade Components

Overall
NCUA #24705
Year Chartered1953
Employees31
Primary Regulator
Profit Margin
Return on Assets - YTD0.3%
Return on Equity - YTD2.98%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$120.6MM$81.9MM
LoansQ4 2022vs Q4 2021$88.7MM$58.3MM
DepositsQ4 2022vs Q4 2021$107.9MM$73.3MM
Equity CapitalQ4 2022vs Q4 2021$10.4MM$7.5MM
Loan Loss AllowanceQ4 2022vs Q4 2021$234.00K$262.00K
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$702.00K$247.00K
Real Estate OwnedQ4 2022vs Q4 2021$0$0
Rates

Sorry, we do not have rate data for Sound Federal Credit Union.

Locations


Sound Federal Credit Union Locations
Corporate Office37 North AveNorwalk, CT 06851
Branch Office888 Washington BlvdStamford, CT 06901
Branch Office61 Jesup RdWestport, CT 06880
Branch Office3 Danbury RdWilton, CT 06897

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