Waterbury Connecticut Teachers Federal Credit Union


Overview / Commentary
203-758-9500
773 Straits Tpke
Middlebury, CT 06762

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 has an A health rating.

Field of Membership Restrictions

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

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Health

Health Grade Components

Overall
NCUA #22
Year Chartered1934
Employees34
Primary Regulator
Profit Margin
Return on Assets - YTD1.44%
Return on Equity - YTD9.75%
Annual Interest Income$8.5MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$336.9MM$323.6MM
LoansQ2 2024vs Q2 2023$245.3MM$247MM
DepositsQ2 2024vs Q2 2023$284.2MM$276.4MM
Equity CapitalQ2 2024vs Q2 2023$48.9MM$44.4MM
Loan Loss AllowanceQ2 2024vs Q2 2023$1.6MM$1.1MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$531K$302K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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Locations


Waterbury Connecticut Teachers Federal Credit Union Locations
Branch Office773 Straits TpkeMiddlebury, CT 06762-2852
Branch Office110 Federal RdDanbury, CT 06811-4077

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