Naugatuck Valley Savings and Loan

Headquarters

333 Church Street
Naugatuck, CT 06770
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.71% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Naugatuck Valley Savings and Loan is an FDIC insured institution located in Naugatuck, CT. It was founded in 1922 and has approximately $0.49 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 30365
Date Established 1922
Assets $ 508.79 million
Loans $ 372.39 million
Deposits $ 384.70 million
Capital $ 56.71 million
 

For a more detailed analysis of Naugatuck Valley Savings and Loan's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - March 8, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - March 8, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Naugatuck Valley Savings and Loan

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
3.051% 2.990% 0.75 $1,938 $1,053 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.924% 2.875% 0.63 $1,562 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Naugatuck Valley Savings and Loan
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Branches

Naugatuck Valley Savings and Loan branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Naugatuck Valley Savings and Loan Locations


Financial Details

Naugatuck Valley Savings and Loan Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Naugatuck Valley Savings and Loan. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Naugatuck Valley Savings and Loan U.S. Bank Average
8.59% 6.14%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2020, Naugatuck Valley Savings and Loan had $5,282,000 in non-current loans and $100,000 in owned real estate. To cover these potential losses it had $56,707,000 in equity and $5,951,000 in loans loss reserves. That gives it a Texas Ratio of 8.59%.

Return on Equity
Naugatuck Valley Savings and Loan U.S. Bank Average
2.13% 9.23%

Naugatuck Valley Savings and Loan has a Return on Equity of 2.13% versus the BestCashCow average of 9.23%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Naugatuck Valley Savings and Loan U.S. Bank Average
11.15% 12.07%

Naugatuck Valley Savings and Loan has a Capitalization of 11.15% versus the BestCashCow average of 12.07. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Naugatuck Valley Savings and Loan Balance Sheet Analysis

As of March 31, 2015, Naugatuck Valley Savings and Loan had assets of $492,788,000, loans of $372,387,000, and deposits of $384,699,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 372.39 million
Loan loss allowance $ 5.95 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.10 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 384.70 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 508.79 million

Summary Income Statement

September 30, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Naugatuck Valley Savings and Loan’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Connecticut, Naugatuck Valley Savings and Loan has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 59.45
Multifamily
Mortgages
4.46
Credit Card Loans 0.00
Consumer Auto Loans 1.69
Small Business Loans 10.20
Construction and Development Loans 1.50
Commercial Real Estate 27.61
Commercial and Industrial Loans 6.50
Farm Loans 0.00

Frequently Asked Questions About Naugatuck Valley Savings And Loan

Branches and Savings

Is Naugatuck Valley Savings And Loan FDIC insured?

Yes. It is covered under FDIC Certificate #30365.

Why does Naugatuck Valley Savings And Loan pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Naugatuck Valley Savings And Loan CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Naugatuck Valley Savings And Loan a commercial bank?

Yes

Where are Naugatuck Valley Savings And Loan locations?

See branch locations nearby.

Is Naugatuck Valley Savings And Loan open on Saturdays?

Is Naugatuck Valley Savings And Loan open on Sundays?

What time does Naugatuck Valley Savings And Loan open?

What time does Naugatuck Valley Savings And Loan close?

Are Naugatuck Valley Savings And Loan ATMs Open 24/7?

Do Naugatuck Valley Savings And Loan ATMs accept cash deposits?

Can Naugatuck Valley Savings And Loan customers use other ATMs?

Do Naugatuck Valley Savings And Loan branches have notaries?

Will Naugatuck Valley Savings And Loan notarize my document?

What address for Naugatuck Valley Savings And Loan should I put for incoming ACH transfers?

Will the Naugatuck Valley Savings And Loan branch print checks?

Do Naugatuck Valley Savings And Loan checks expire?

Does Naugatuck Valley Savings And Loan require US citizenship to open account?

Can Naugatuck Valley Savings And Loan close my account?

Does Naugatuck Valley Savings And Loan Report to credit bureaus?

Does Naugatuck Valley Savings And Loan Use Equifax?

What is Naugatuck Valley Savings And Loan's ACH Routing Number?

What is Naugatuck Valley Savings And Loan's SWIFT code?

Products

Does Naugatuck Valley Savings And Loan offer mortgages?

Compare mortgage rates here.

Does Naugatuck Valley Savings And Loan offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Naugatuck Valley Savings And Loan offer personal loans?

Compare personal loan rates here.

Does Naugatuck Valley Savings And Loan offer student loans?

Will Naugatuck Valley Savings And Loan cash a check?

Will Naugatuck Valley Savings And Loan redeem a savings bond?

Does Naugatuck Valley Savings And Loan cash savings bonds?

Will Naugatuck Valley Savings And Loan cash money orders?

Can Naugatuck Valley Savings And Loan issue a money order?

Does Naugatuck Valley Savings And Loan do currency exchange?

Background on The Bank

Who owns Naugatuck Valley Savings And Loan?

How long has Naugatuck Valley Savings And Loan been around?

Can Naugatuck Valley Savings And Loan transfer to other banks?

Does Naugatuck Valley Savings And Loan have quick pay?

Does Naugatuck Valley Savings And Loan accept rolled coins?

Will Naugatuck Valley Savings And Loan accept loose change?

Where is Naugatuck Valley Savings And Loan headquarters?

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