P.O. BOX 2121
Waterbury, CT 06722


2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 22
Date Established 1934
Assets $238.64 million
Loans $176.91 million
Deposits $203.34 million
Capital $33.93 million

Waterbury Connecticut Teachers is an NCUA insured institution located in Waterbury, CT. It was founded in 1934 and has approximately $238.64 millions in assets.

Who can join?

Waterbury Connecticut Teachers Federal Credit Union serves teachers, administrators and other eligible public and parochial school personnel, their families, and permanent members of their households. Also, spouses of people who died while within our field of membership. Eligible employees in the following towns are encouraged to join the Waterbury Connecticut Teachers Federal Credit Union:
• Beacon Falls
• Bethel
• Bethlehem
• Bethany
• Bridgewater
• Brookfield
• Danbury
• Easton
• Middlebury
• Monroe
• Naugatuck
• New Fairfield
• New Milford
• Newtown
• Oxford
• Prospect
• Redding
• Ridgefield
• Roxbury
• Sherman
• Southbury
• Trumbull
• Washington
• Waterbury
• Watertown
• Wolcott
• Woodbury
Also included are eligible employees of:
• Waterbury Campus of the UCONN
• Post University
• Arch Bridge School
• Education Connection
• Fraser Woods School
• Hudson County Montesorri School
• Cheshire Academy
• Wesley Learning Center
• Chase Collegiate School
• Ridgefield Academy
• Washington Montessori School
• The Taft School
• Immaculate High School
• Maimonides Academy of Western CT
• Westover School
• Children's Community School
• Beth El Synagogue of Waterbury
• Wooster School

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.

Deposit Rates - March 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.20% $2,500 $4,999 Learn MoreShow Less
Money Market
0.30% $10,000 $19,999 Learn MoreShow Less
Money Market
0.40% $20,000 $49,999 Learn MoreShow Less
Fixed IRA
1.76% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.20% $500 - Learn MoreShow Less
6 Mo CD
1.01% $500 - Learn MoreShow Less
12 Mo CD
1.76% $500 - Learn MoreShow Less
18 Mo CD
2.53% $500 - Learn MoreShow Less
24 Mo CD
3.00% $500 - Learn MoreShow Less
30 Mo CD
2.12% $500 - Learn MoreShow Less
36 Mo CD
2.02% $500 - Learn MoreShow Less
48 Mo CD
2.02% $500 - Learn MoreShow Less
60 Mo CD
2.02% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.20% $10 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 - Learn MoreShow Less

Loan Rates - March 24, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for WATERBURY CONNECTICUT TEACHERS

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.560% 4.560% 0.00 $0 $1,276 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.


Below are Waterbury Connecticut Teachers 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:

Waterbury Connecticut Teachers Locations

Financial Details

Waterbury Connecticut Teachers Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Waterbury Connecticut Teachers. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Waterbury Connecticut Teachers U.S. Average
2.90% 6.94

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2018, Waterbury Connecticut Teachers had $1,001,126 in non-current loans and $6,262 in owned assets. To cover these potential losses it had $33,926,705 in net worth and $862,663 in loans loss reserves. That gives it a Texas Ratio of 2.90%.

Net Worth
Waterbury Connecticut Teachers U.S. Average
14.21% 13.08%

Waterbury Connecticut Teachers FCU has a net worth of 14.21% versus the BestCashCow average of 13.08. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.


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