Skip to main content
credit union

Coreplus

Norwich, CT · Est. 1936
A
Trust Grade
Excellent
Score: 93/100

Coreplus is a credit union based in Norwich, Connecticut, established in 1936, with $671 million in total assets serving 50,669 members. By Trust Grade it ranks 24th of 64 credit unions we track in Connecticut. Its net worth ratio of 10.7% trails most similarly sized credit unions (42th percentile), versus a Connecticut median of 11.2%. It was profitable over the most recent period, with a 1.45% return on assets. No consumer complaints against Coreplus appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$671.3M
$100M–1B institution
Members
50,669
Shares & deposits
Net worth ratio
10.7%
Bottom 42% of $100M–1B peers · Connecticut median 11.2%
Return on assets
1.4%
Top 12% of $100M–1B peers · Connecticut median 0.64%
Rank in Connecticut
#24
of 64 credit unions

How Coreplus compares to Connecticut peers

Net worth ratio
Bottom 42% of $100M–1B peers
Coreplus
10.7%
Connecticut median
11.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 12% of $100M–1B peers
Coreplus
1.4%
Connecticut median
0.6%
Higher ROA = more profitable relative to asset base

How we graded Coreplus

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
93/100
Customer experience
n/a
Overall
A · 93
  • Well-capitalized (10.7% capital ratio)
  • Strongly profitable (ROA 1.45%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Coreplus over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Coreplus insured?

Yes. Coreplus is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Coreplus: frequently asked questions

Is Coreplus a good credit union?

Coreplus earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Well-capitalized (10.7% capital ratio); Strongly profitable (ROA 1.45%).

Is Coreplus NCUA-insured?

Yes. Coreplus is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Coreplus?

Coreplus holds $671 million in total assets, ranking 24th of 64 credit unions we track in Connecticut. It serves 50,669 members.

Does Coreplus have CFPB complaints?

No CFPB complaints against Coreplus appear in our data over the analysis window, which is typical for a credit union of this size.

Similar Credit Unions

Dutch Point
credit union · Wethersfield, CT · $560M assets
Nutmeg State Financial
credit union · Rocky Hill, CT · $885M assets
Mutual Security
credit union · Shelton, CT · $379M assets
Waterbury Connecticut Teachers
credit union · Waterbury, CT · $361M assets
360
credit union · Windsor Locks, CT · $324M assets
Connex
credit union · North Haven, CT · $1.0B assets

Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

From the Blog

View all guides →