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
Call Report peers
SOUND in the assets neighbourhood
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
The busiest band is 85-89 (858 credit unions); SOUND sits in 60-64 with 179 others.
60 7th percentile higher than 7% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
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%).
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.
- One place up in Connecticut, First Baptist Church (Stratford) (#56) ties at 60/100; one place down, Achieve Financial (#58) scores 59/100, 1 point lower.
SOUND: 2025Q4 → 2026Q1
SOUND: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved -2.1% from $118.6M (2025Q4) to $116.1M (2026Q1).
- Net-worth ratio shifted +0.03 pp (6.77% → 6.80%).
At 6.80%, this institution is below the 7.0% NCUA well-capitalized threshold.
How the 60/100 score is built
SOUND gives up 40 points in total. Return on Assets costs the most, 15 of its 15; Loan-to-Share Ratio scores full marks.
- 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 |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is SOUND financially healthy?
On its 2025Q4 NCUA 5300 filing, SOUND scores 60/100 (Good), with a 6.80% net worth ratio and 0.83% of loans delinquent. It ranks #4,077 of 4,374 nationally on health and #57 of 64 in Connecticut.
How does SOUND compare to other credit unions?
SOUND scores 60/100, higher than 7% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is loan-to-share ratio (86.51% vs 72.20%). Its widest shortfall is net worth ratio (6.80% vs 12.11%).
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?
SOUND is a federal credit union; its shares are federally 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."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.