Waterbury Connecticut Teachers Federal Credit Union is headquartered in Middlebury and is the 11th largest credit union in the state of Connecticut. It is also the 951st largest credit union in the nation. It was established in 1934 and as of June of 2024, it had grown to 34 employees and 21,795 members at 2 locations. Waterbury Connecticut Teachers Federal Credit Union's CD rates are 4X the national average, and it has an A health rating.
Waterbury Connecticut Teachers Federal Credit Union membership is open to persons paid through the Board of Education in 28 towns in three Connecticut counties (Fairfield, Litchfield, New Haven). This includes teachers, administrators, and any staff member working in a public, private or parochial school or at a university that is located in one of the eligible towns. Immediate family members of existing WCTFCU members may also join.
See current membership details
Overall | |
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NCUA # | 22 |
Year Chartered | 1934 |
Employees | 34 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.44% |
Return on Equity - YTD | 9.75% |
Annual Interest Income | $8.5MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $336.9MM$323.6MM |
Loans | Q2 2024vs Q2 2023 | $245.3MM$247MM |
Deposits | Q2 2024vs Q2 2023 | $284.2MM$276.4MM |
Equity Capital | Q2 2024vs Q2 2023 | $48.9MM$44.4MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.6MM$1.1MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $531K$302K |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
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* 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 | ||
OTHER TIERS: 0.35% → $0 - $2.5k | 0.50% → $2.5k - $5k | 0.65% → $5k - $10k | 0.75% → $10k - $20k | 0.85% → $20k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.05% | $0 | $10k | A+ Checking | |
0.05% | $5 | - | Regular Checking |
Waterbury Connecticut Teachers Federal Credit Union Locations | ||
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Branch Office | 773 Straits Tpke | Middlebury, CT 06762-2852 |
Branch Office | 110 Federal Rd | Danbury, CT 06811-4077 |