Sep, 30, 2025 — WATERBURY CONNECTICUT TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in MIDDLEBURY, CT with 2 branch locations and about $350.96 million in total assets. Opened 92 years ago in 1934, WATERBURY CONNECTICUT TEACHERS FEDERAL CREDIT UNION has about 22,102 members and employs 33 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WATERBURY CONNECTICUT TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 773 Straits Tpke MIDDLEBURY, CT 06762-2852 |
| Phone: | (203) 758-9500 |
| Fax: | (203) 758-8514 |
| Website: | https://www.wctfcu.com |
| Branches: | 2 branch locations |
| Members: | 22,102 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $350,964,379 |
| CEO/Manager: | Martin Misset |
| Chairperson: | Peter McCasland |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 20,719,111 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 145,138,016 |
| Unsecured Loans | 37,210,077 |
| Other Loans | 55,826,560 |
| TOTAL LOANS | 238,174,653 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,583,538 |
| Land And Building | 3,160,020 |
| Other Fixed Assets | 188,066 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,605,580 |
| All Other Assets | 0 |
| TOTAL ASSETS | 350,964,379 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 485,065 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,726,656 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 31,351,910 |
| Regular shares | 79,041,352 |
| All Other Shares & Deposits | 180,900,835 |
| TOTAL SHARES & DEPOSITS | 291,294,097 |
| TOTAL LIABILITIES | 294,505,818 |
| Regular Reserve | 0 |
| Other Reserves | -1,238,820 |
| Undivided Earnings | 57,697,381 |
| TOTAL EQUITY | 56,458,561 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 350,964,379 |
| INCOME & EXPENSE | |
| Loan Income | 10,298,653 |
| Investment Income | 3,168,144 |
| Other Income | 237,530 |
| Total Employee Compensation & Benefits | 2,370,301 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,692,696 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 49,929 |
| Cost of Funds | 4,435,133 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,398,763 |
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