C
Sound Federal Credit Union
NorwalkCT
Rating Date
May 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Sound Federal Credit Union
Norwalk, CT
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Rating C
Asset Quality Index 6.40
Capitalization Index 4.30
Liquidity Index 2.50
Profitability Index 0.90
Stability Index 2.90
Company Info Sound Federal Credit Union
Norwalk, CT
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NCUA Charter Number 3994
Phone Number (203) 977-4701
Website www.mysoundcu.org
Asset Quality Sound Federal Credit Union
Norwalk, CT
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1-Year Asset Growth 4.21%
5-Year Asset Growth 14.73%
5-Year Charge-Offs to Average Loans 0.37%
Charge-Offs to Average Loans 0.91%
Non-Performing Assets to Assets 0.74%
Non-Performing Loans to Capital 10.36%
Non-Performing Loans to Loans 1.00%
Balance Sheet Sound Federal Credit Union
Norwalk, CT
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Total Assets 131.57M
Total Deposits 111.85M
Capital and Reserves Sound Federal Credit Union
Norwalk, CT
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Capital 8.73M
Leverage Ratio 6.80
Loan Loss Reserves to Loans 0.73%
Liquidity Sound Federal Credit Union
Norwalk, CT
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Hot Money Ratio 13.79%
Liquidity Ratio 10.37%
Profitability Sound Federal Credit Union
Norwalk, CT
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5-Year Return on Average Assets 0.16%
Net Income -713.00K
Net Interest Spread 4.60%
Operating Profit to Average Assets -1.11%
Overhead Efficiency Ratio 123.77%
Return on Assets -2.20%
Return on Equity -31.38%