Torrington Municipal and Teachers Federal Credit Union


Overview / Commentary
860-489-2212
777 E Main St
Torrington, CT 06790

Torrington Municipal and Teachers Federal Credit Union is headquartered in Torrington and is the 26th largest credit union in the state of Connecticut. It is also the 1,960th largest credit union in the nation. It was established in 1960 and as of March of 2025, it had grown to 17 employees and 10,697 members at 3 locations. Torrington Municipal and Teachers Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Torrington Municipal and Teachers Federal Credit Union is open to those who live, work, or attend school in Litchfield County, Connecticut. All businesses are entitled to membership.
See current membership details

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Health
B+
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. Torrington Municipal and Teachers Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #14003
Year Chartered1960
Employees17
Primary Regulator
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD8.78%
Annual Interest Income$909K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$87MM$79.8MM
LoansQ1 2025vs Q1 2024$33.4MM$32MM
DepositsQ1 2025vs Q1 2024$79.4MM$72.8MM
Equity CapitalQ1 2025vs Q1 2024$7.5MM$6.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$112K$151K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$83K$134K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


Torrington Municipal and Teachers Federal Credit Union Locations
Branch Office777 E Main StTorrington, CT 06790-3915
Branch Office19 Rowley StWinsted, CT 06098
Branch Office50 Major Besse DrTorrington, CT 06790-3721

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