Torrington Municipal and Teachers Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.02%	5-year CD	60 Month Regular Share Certificate 2.50% - Ally Bank High Yield 5 Year CD
0.85%	1-year CD	12 Month Regular Share Certificate 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.15%	Savings	Regular Savings Account 1.30% - Nationwide Bank Online Savings Account

View all Torrington Municipal and Teachers Federal Credit Union rates »

Overview / Commentary

tmtfcu.org

860-489-2212

777 E Main St
Torrington, CT 06790-3915

Torrington Municipal and Teachers Federal Credit Union is headquartered in Torrington and is the 31^st largest credit union in the state of Connecticut. It is also the 2,393^rd largest credit union in the nation. It was established in 1960 and as of December of 2017, it had grown to 13 employees and 9,679 members at 1 location. Torrington Municipal and Teachers Federal Credit Union's money market rates are 25% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Anyone who lives, works or goes to school in Litchfield County. All businesses are entitled to membership.
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Health

B

Data as of Q4 2017

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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. Torrington Municipal and Teachers Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	14003
Year Chartered	1960
Employees	13
Primary Regulator

Profit Margin
Return on Assets - YTD	0.49%
Return on Equity - YTD	5.63%
Annual Interest Income	$1.7MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$46.7MM$45.0MM
Loans	Q4 2017vs Q4 2016	$23.5MM$22.4MM
Deposits	Q4 2017vs Q4 2016	$42.5MM$41.0MM
Equity Capital	Q4 2017vs Q4 2016	$4.1MM$3.8MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$196.00K$138.00K
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$253.00K$175.00K
Real Estate Owned	Q4 2017vs Q4 2016	$0$0

Rates

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Money Market
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Torrington Municipal and Teachers Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
5.00%	-	$1k	Rising STAR Saver
0.55%	$100	$1m	Health Savings Account
0.15%	$100	$1m	Regular Savings Account
0.15%	$100	$1m	IRA Savings Account
0.10%	$100	$1m	Christmas Club Account
0.10%	$100	$1m	Vacation Club Account

Torrington Municipal and Teachers Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.55%	$50k	-	Advanced Money Market Account
0.45%	$10k	-	Money Market Plus Account
0.30%	$1k	-	Money Market Account

Torrington Municipal and Teachers Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.27%	$500	-	60 Month STAR Share Certificate
2.02%	$500	-	60 Month Regular Share Certificate
1.87%	$500	-	36 Month STAR Share Certificate
1.71%	$500	-	30 Month STAR Share Certificate
1.61%	$500	-	36 Month Regular Share Certificate
1.56%	$500	-	24 Month STAR Share Certificate
1.46%	$500	-	30 Month Regular Share Certificate
1.36%	$500	-	18 Month STAR Share Certificate
1.31%	$500	-	24 Month Regular Share Certificate
1.10%	$500	-	18 Month Regular Share Certificate
1.10%	$500	-	12 Month STAR Share Certificate
0.85%	$500	-	12 Month Regular Share Certificate
0.85%	$500	-	6 Month STAR Member Share Certificate
0.60%	$500	-	6 Month Member Share Certificate

Torrington Municipal and Teachers Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.27%	$500	-	60 Month STAR IRA
2.02%	$500	-	60 Month IRA
1.87%	$500	-	36 Month STAR IRA
1.71%	$500	-	30 Month STAR IRA
1.61%	$500	-	36 Month IRA
1.56%	$500	-	24 Month STAR IRA
1.46%	$500	-	30 Month IRA
1.36%	$500	-	18 Month STAR IRA
1.31%	$500	-	24 Month IRA
1.10%	$500	-	12 Month STAR IRA
1.10%	$500	-	18 Month IRA
0.85%	$500	-	12 Month IRA
0.85%	$500	-	6 Month STAR Member IRA
0.60%	$500	-	6 Month Member IRA

Locations

Torrington Municipal and Teachers Federal Credit Union Locations
Branch Office	777 E Main St	Torrington, CT 06790-3915

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