Waterbury Connecticut Teachers Federal Credit Union
Overview / Commentary
Waterbury Connecticut Teachers Federal Credit Union is headquartered in Middlebury and is the 12th largest credit union in the state of Connecticut. It is also the 974th largest credit union in the nation. It was established in 1934 and as of December of 2022, it had grown to 30 employees and 20,594 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 teachers, administrators and other eligible public and parochial school personnel and their families who live in certain towns in Connecticut or work for select schools.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 22 |
| Year Chartered | 1934 |
| Employees | 30 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.25% |
| Return on Equity - YTD | 9.5% |
| Annual Interest Income | $10.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $312.5MM$309.1MM |
| Loans | Q4 2022vs Q4 2021 | $240.5MM$213.4MM |
| Deposits | Q4 2022vs Q4 2021 | $268.8MM$268.1MM |
| Equity Capital | Q4 2022vs Q4 2021 | $41.3MM$39.2MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $1.2MM$1.2MM |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $433.00K$74.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |