Federal credit union · Norwalk, Connecticut · NCUA charter #24705
SOUND
Health score 60/100, grade C (Good) - from the NCUA 5300 Call Report, 2025Q4.
- 60
- Health / 100
- $118.6M
- Total assets
- 8,844
- Members
- 6.8%
- Net-worth ratio
SOUND scores 60/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $118.6M; members 8,844; net-worth ratio 6.80%; health rank #4,077 of 4,374; healthier than 7th of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#4,077 of 4,374 health · 2025Q4SOUND · health 60/100 · $118.6M · 2025Q4
- CAMELS 60/100
- HEALTH 6.8%
- NW 0.83%
- DELQ -1.44%
- ROA $118.6M
- ASSETS 8,844
- MEM #4,077/4,374
- RANK LANDMARK
- PHOTO 24705
Call Report peers
SOUND in the assets neighbourhood
SOUND's $118.6M assets sit next to LANDMARK ($118.6M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
SOUND vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
60 7th percentile higher than 7% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
SOUND - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #24705: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Peer-gap read for SOUND
- Loan-to-Share Ratio leads the peer set - 86.51% here, 72.20% peer average (+14.31 pp).
- Widest shortfall vs peers is Net Worth Ratio: -5.31 pp (6.80% vs 12.11%).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
SOUND: in-state Call Report ranks
- In Connecticut, health place is #57 of 64 on the same NCUA-ratio sort used nationally.
- By total assets, SOUND is #19 of 64 in Connecticut.
- Member book place in Connecticut: #23 of 64.
In-state ordinals use the live credit_unions table for CT only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
SOUND: 2025Q4 → 2026Q1
SOUND: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved -2.1% from $118.6M (2025Q4) to $116.1M (2026Q1).
- Net-worth ratio shifted +0.03 pp (6.77% → 6.80%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
At 6.80%, this institution is below the 7.0% NCUA well-capitalized threshold.
How the 60/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 60.
- Net Worth Ratio 21.0 pts
- Delinquency Rate 21.7 pts
- Return on Assets 0.0 pts
- Member Growth 2.1 pts
- Loan-to-Share Ratio 15.2 pts
SOUND vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 6.80% | -5.31 pp |
| Delinquency Rate | 0.83% | -0.06 pp |
| Return on Assets | -1.44% | -2.06 pp |
| Member Growth | -3.81% | - |
| Loan-to-Share Ratio | 86.51% | +14.31 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
SOUND quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $116.1M | - |
| 2025Q4 | $118.6M | 8,844 |
| 2024Q4 | $124.6M | 9,194 |
| 2023Q4 | $128.9M | 9,459 |
Credit Union Details
- Charter Number
- 24705
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $100M–$500M
- State
- Connecticut
- City
- Norwalk
- Data Quarter
- 2025Q4
Branch Locations (3)
The NCUA branch filing lists 3 physical offices for SOUND, spread across 2 cities.
| Office | City |
|---|---|
| Main Office (Main Office) | Norwalk, CT |
| Stamford Branch | Stamford, CT |
| Stamford Stop & Shop | Stamford, CT |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Connecticut
A look at other Connecticut credit unions, ranked by how closely their peer group and asset size match this one.
Cross-state Call Report peers for SOUND
Two NCUA Call Report peer sets for SOUND, both outside Connecticut so the neighborhoods are not state containment (the Nearby list above stays in-state).
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($118.6M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (60/100 here).
Using this data
- SOUND ranks #4,077 of 4,374 nationally on financial health and #57 of 64 in CT -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Membersfirst Ct is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Membersfirst Ct
- Rates and health both vary by institution, not just by state -- see how Connecticut credit unions compare overall before assuming this one is typical. Connecticut state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is SOUND financially healthy?
A 6.80% net worth ratio and a 0.83% delinquency rate feed into SOUND's financial health score of 60/100 (Good), from NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #4,077 of 4,374; by total assets it ranks #1,685 of 4,374 nationally (same basis as /rankings/largest); and #19 of 64 within Connecticut. The scale: above 80 excellent, below 50 warrants closer monitoring.
How does SOUND compare to other credit unions?
PlainCU's health composite puts SOUND at 60/100, compared to a peer group average for $100M–$500M credit unions. It's a weighted blend of five NCUA-reported figures: net worth ratio (30% of the score), delinquency rate (25%), return on assets (15%), member growth (15%), and 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 SOUND?
SOUND operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact SOUND directly for the exact boundaries and application steps.
Is my money safe at SOUND?
Federal credit unions like SOUND 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. SOUND's net worth ratio of 6.80% is relative to the 7% threshold NCUA considers "well capitalized."
What rates does SOUND offer compared to banks?
Credit unions like SOUND 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 SOUND 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.