Federal credit union · Wethersfield, Connecticut · NCUA charter #3544

Connecticut Labor Dept

Health score 84/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.

84
Health / 100
$14.4M
Total assets
1,202
Members
16.6%
Net-worth ratio

Connecticut Labor Dept - Share Insurance Coverage

The 2025Q4 NCUA Call Report puts charter #3544 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.

NCUSIF coverage gauge for Connecticut Labor Dept Share insurance under NCUSIF covers up to $250,000 per share owner. Connecticut Labor Dept holds approximately $12.0M in member shares. Composite CAMELS rating bracket 1 (Strong). Risk-based capital ratio 16.6 percent. Share Insurance Coverage Federal NCUSIF - $250K per share owner 1 2 3 4 5 CAMELS 1 · Strong RBC ratio 16.6% · $12.0M member shares Insured · backed by full faith and credit of the United States
Source: NCUA 5300 Call Report 2025Q4 - share insurance under Title II of the Federal Credit Union Act

Connecticut Labor Dept - Five Health Pillars

Every bar shows this credit union's 0-100 sub-score for one pillar of the composite; weight and add the five and you land on the headline health score above, drawn from the same NCUA 5300 figures with no normalisation tricks.

  • Capital (net worth ratio) 16.55% 30% weight
  • Asset quality (delinquency) 0.25% 25% weight
  • Earnings (ROA) 1.00% 15% weight
  • Member growth -1.80% 15% weight
  • Liquidity (loan-to-share) 28% 15% weight

Weighted composite: 84/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.

Source: NCUA 5300 Call Report, sub-scores per PlainCU methodology (see the methodology guide)
Net worth ratio vs. NCUA well-capitalized threshold 100.0%

16.55% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).

$14.4M
Total Assets
1,202
Members
$3.3M
Total Loans
$12.0M
Total Deposits

Financial Health Metrics

Metric Value Weight
Net Worth Ratio 16.55% 30%
Delinquency Rate 0.25% 25%
Return on Assets 1.00% 15%
Member Growth -1.80% 15%
Loan-to-Share Ratio 27.53% 15%

Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $10M–$50M (1163 CUs).

Historical Financials

Quarter Assets Members
2025Q4 $14.4M 1,202
2024Q4 $13.9M 1,224
2023Q4 $13.9M 1,255

Credit Union Details

Charter Number
3544
Type
Federal
Field of Membership
Low Income
Peer Group
$10M–$50M
State
Connecticut
City
Wethersfield
Data Quarter
2025Q4

What This Data Says About Connecticut Labor Dept

Charter #3544, peer group $10M–$50M, a cohort of 1163 similarly-sized institutions: that's Connecticut Labor Dept, a federal credit union in Wethersfield, Connecticut with 1,202 members, $14.4M in total assets, and $3.3M in outstanding loans as of Q4 2025. The five-factor composite scores it 84/100 (Excellent), helped by a net worth ratio of 16.55% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules.

Loan book quality rounds out the picture. The delinquency rate of 0.25% measures loans 60+ days past due against total loans outstanding - the peer group average for $10M–$50M credit unions sits at 1.145%, so this institution is running tighter than peers. The loan-to-share ratio of 27.53% indicates how aggressively member deposits are being deployed into lending, below the 60% band that typically signals under-deployed capital. Return on assets stands at 1.00% on net income of $144K for the period; a not-for-profit cooperative typically runs a modest positive ROA, returning surplus to members through better rates and lower fees rather than to shareholders.

Year-over-year membership changed by -1.80%. The institution reports against the NCUA 5300 Call Report on a quarterly cadence; the figures above reflect the 2025Q4 reporting period. Membership eligibility depends on the stated field of membership (currently: Low Income). See our disclaimer for NCUSIF deposit-insurance coverage and how to use this data before opening any account or borrowing.

Nearby Credit Unions in Connecticut

Other federally-insured credit unions in Connecticut, closest first by peer group and asset size.

Compare Connecticut Labor Dept vs COMMUNITY CU OF NEW MILFORD, INC.

Sources & disclaimer

Source: NCUA 5300 Call Report, Q4 2025. Source: NCUA Share Insurance Fund (NCUSIF), federal deposit insurance up to $250,000. Not affiliated with NCUA. For informational purposes only.

Frequently Asked Questions

Is Connecticut Labor Dept financially healthy?

A 16.55% net worth ratio and a 0.25% delinquency rate feed into Connecticut Labor Dept's financial health score of 84/100 (Excellent), from NCUA 5300 Call Report data as of Q4 2025. The scale: above 80 excellent, below 50 warrants closer monitoring.

How does Connecticut Labor Dept compare to other credit unions?

Five weighted metrics from NCUA filings produce Connecticut Labor Dept's 84/100 score on PlainCU's health composite, compared to a peer group average for $10M–$50M credit unions: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), loan-to-share ratio (15%).

What is a credit union health score?

A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.

How can I join Connecticut Labor Dept?

Connecticut Labor Dept carries an NCUA Low-Income Designation, which typically means anyone can join regardless of employer or location, and the credit union is eligible for supplemental capital and secondary capital rules not available to standard charters. Contact Connecticut Labor Dept directly to confirm current membership steps.

Is my money safe at Connecticut Labor Dept?

Federal credit unions like Connecticut Labor Dept are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Connecticut Labor Dept's net worth ratio of 16.55% exceeds the 7% threshold NCUA considers "well capitalized."

What rates does Connecticut Labor Dept offer compared to banks?

Credit unions like Connecticut Labor Dept are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Connecticut Labor Dept directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.

Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.