Sound Federal Credit Union is headquartered in Norwalk and is the 21st largest credit union in the state of Connecticut. It is also the 1,630th largest credit union in the nation. It was established in 1953 and as of March of 2025, it had grown to 26 employees and 8,933 members at 5 locations. Sound Federal Credit Union's money market rates are 2X the national average, and it has a B+ health rating.
Sound Federal Credit Union is open to anyone who lives, works, worships, volunteers, or attends school in the Connecticut counties of Fairfield, Litchfield, or New Haven. Family members (blood or marriage) of an existing Sound Federal Credit Union member are also eligible to join.
See current membership details
Overall | |
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NCUA # | 24705 |
Year Chartered | 1953 |
Employees | 26 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.25% |
Return on Equity - YTD | -4.13% |
Annual Interest Income | $1.8MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $125.8MM$131.6MM |
Loans | Q1 2025vs Q1 2024 | $95.5MM$98.3MM |
Deposits | Q1 2025vs Q1 2024 | $113.4MM$111.8MM |
Equity Capital | Q1 2025vs Q1 2024 | $7.7MM$8.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $584K$718K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $652K$979K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Sound Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | $50k* | - | Money Market Account | ||
OTHER TIERS: 0.40% → $0 - $10k | 0.50% → $10k - $25k | 0.60% → $25k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.56% | $500 | - | 13 Month Share Certificate Special |
Sound Federal Credit Union Locations | ||
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Corporate Office | 37 North Ave | Norwalk, CT 06851 |
Branch Office | 888 Washington Blvd | Stamford, CT 06901 |
Branch Office | 61 Jesup Rd | Westport, CT 06880 |
Branch Office | 3 Danbury Rd | Wilton, CT 06897 |
Branch Office | 2200 Bedford St | Stamford, CT 06905 |