Connecticut Labor Dept
Connecticut Labor Dept is a credit union based in Wethersfield, Connecticut, established in 1939, with $14 million in total assets serving 1,205 members. By Trust Grade it ranks 18th of 64 credit unions we track in Connecticut. Its net worth ratio of 17.1% is stronger than 67% of similarly sized credit unions, versus a Connecticut median of 11.2%. It was profitable over the most recent period, with a 0.60% return on assets. No consumer complaints against Connecticut Labor Dept appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Connecticut Labor Dept compares to Connecticut peers
How we graded Connecticut Labor Dept
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (17.1% capital ratio)
- Profitable (ROA 0.60%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Connecticut Labor Dept over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Connecticut Labor Dept insured?
Yes. Connecticut Labor Dept 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.
Connecticut Labor Dept: frequently asked questions
Is Connecticut Labor Dept a good credit union?
Connecticut Labor Dept earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (17.1% capital ratio); Profitable (ROA 0.60%).
Is Connecticut Labor Dept NCUA-insured?
Yes. Connecticut Labor Dept 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 Connecticut Labor Dept?
Connecticut Labor Dept holds $14 million in total assets, ranking 18th of 64 credit unions we track in Connecticut. It serves 1,205 members.
Does Connecticut Labor Dept have CFPB complaints?
No CFPB complaints against Connecticut Labor Dept appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
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.
