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Sound Federal Credit Union Rates & Review September 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Founder & Data Architect
Expertise
  • Automated Online Rate Data Aggregation
  • Location-Based Rate Tables
  • Bank & Credit Union Health Safety Ratings
  • Bank & Credit Union Star Ratings
  • Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
| iEditorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Rates Last Updated and Verified: September 21, 2026

Sound Federal Credit Union's money market rates are at 1.00%. Sound Federal Credit Union's Personal Loan Rates are as low as 10.72%. Sound Federal Credit Union's Credit Card Rates are at 14.90%. MonitorBankRates evaluates the financial stability of Sound Federal Credit Union with a 4.8 Star Rating, an A Overall Health Grade, and a Texas Ratio of 4.93%. Rates last updated and verified on 09/21/2026.

Sound Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Sound Federal Credit Union? Share your experience about Sound Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Sound Federal Credit Union.

MonitorBankRates Verified Healthy Badge 2026 Verified Healthy 2026 Use This Badge on Your Credit Union Website
Overall Health & Safety Grade ?
A
Excellent Health Score: 96/100
MonitorBankRates Rating ?
4.8
Excellent Out of 5.0 Stars
Texas Ratio ?
4.93%
Excellent Lower than avg
Health Trend ?
Improving 12 quarters
Full history ›
Sound Federal Credit Union
Main Office
37 North Ave
Norwalk, CT 06851
https://www.mysoundcu.org
Member NCUA

Sound Federal Credit Union Money Market Rates

Product Rate APY View More
Business Money Market - 4 Tier - 1.00%
Min Balance $50,000
Details Balance: $50,000+; Fees could reduce earnings.
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%
Money Market - 4th Tier - 1.00%
Min Balance $50,000
Details Balance: $50,000 +; Fees could reduce earnings.
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%

Sound Federal Credit Union Checking Rates

Product Rate APY View More
Premium Value Business Checking - 5.00%
Min Balance $500
Details Qualifications Required: Average daily balance in the account of $500 or more; e-Statements; Interest rate subject to change monthly. Rate determined by the average 1-month Treasury Bill interest rate from the prior month. 0.25% Annual Percentage Rate on personal and vehicle loans. Cannot be used with a promotion rates or payroll deduction discount.
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%
Premium Value Checking - 5.00%
Min Balance $500
Details Qualifications Required: Average daily balance in the account of $500 or more; e-Statements; Interest rate subject to change monthly. Rate determined by the average 1-month Treasury Bill interest rate from the prior month. Interest will be paid (up to 5%) if the following criteria are met each month: Average daily balance in the account of $500 or more; e-Statements
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%
Unique High Interest Checking - 5.00%
Details Interest is tied to the competitive 1-Month CMT T-Bill rate, minus a 2% margin. No monthly fees, no minimum deposit or balance requirements. No direct deposit mandate.
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%

Sound Federal Credit Union Home Equity & HELOC

Product Rate Points APR Term View More
Home Equity HELOCS - - 6.75%
Details As Low As; Prime+0.00%
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%

Sound Federal Credit Union Auto Loan Rates

Product Rate Points APR Term View More
Newer Autos - - 5.97% up to 84 Months
Details As Low As; Newer Autos
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%

Sound Federal Credit Union Credit Card Rates

Product Rate APR View More
Credit Builder (Secured) Credit Card - 14.90%
Details Use Your Savings as Collateral. No Annual Fee. Zero Liability for Unauthorized Transactions. The prime rate is current as it appears in The Wall Street Journal.
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%

Sound Federal Credit Union Personal Loan Rates

Product APR Term View More
Signature (Unsecured Personal) Loans 10.72% 48 Months
Details As Low As; Signature (Unsecured Personal) Loans
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%

Sound Federal Credit Union Other Rates

Product Rate Points APY/APR Term View More
Fixed Rate Second Mortgages - - 7.93% 180 Months
Details As Low As; Fixed Rate Second Mortgages
Last Updated 09/21/2026
Institution Ratings
4.8
Star Rating
A
Health Grade
◈ Texas Ratio: 4.93%
Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.
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Financial Health History

Sound Federal Credit Union’s Texas Ratio fell from 7.31% in Q2 2023 to 4.93% in Q1 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 4.8. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

0% 1.0★ 6% 2.0★ 11% 3.0★ 17% 4.0★ 23% 5.0★ 15% Verified Healthy limit – lower is healthier Healthy zone 7.31% A Q2 2023 A Q3 2023 A Q4 2023 A- Q1 2024 B Q2 2024 B+ Q3 2024 B+ Q4 2024 B+ Q1 2025 B+ Q2 2025 A- Q3 2025 A Q4 2025 4.93% A Q1 2026
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)
Powered by MonitorBankRates

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures
QuarterTotal assetsTexas RatioStar RatingHealth Grade
March 31, 2026$116M4.93%4.8A
December 31, 2025$119M8.95%4.8A
September 30, 2025$120M11.20%4.7A-
June 30, 2025$126M9.23%4.3B+
March 31, 2025$126M7.79%4.2B+
December 31, 2024$125M11.21%4.3B+
September 30, 2024$125M7.24%4.4B+
June 30, 2024$130M16.75%4.5B
March 31, 2024$132M10.13%4.8A-
December 31, 2023$129M13.41%5.0A
September 30, 2023$129M10.25%5.0A
June 30, 2023$126M7.31%5.0A
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Sound Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Sound Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Sound Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Sound Federal Credit Union
Website https://www.mysoundcu.org
Address 37 North Ave, Norwalk, CT 06851
Phone 203-977-4701
Fax 203-324-7546
President Lisa Reynolds
CEO Megan Legault
Full-Time Employees 24
Part-Time Employees 2
Branch Locations 3
ATM Locations 1
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
4.8 / 5.0 ★
Overall Health & Safety Grade
A (96/100)
Texas Ratio
4.93%
Return on Assets (ROA)
-0.0200%
Return on Equity (ROE)
-0.2941%
Non-Performing Loans Ratio (NPL)
0.46%
Total Assets
116,103,353
Total Amount of Shares and Deposits
106,487,821
Total Shares and Deposits < 1 Year
104,007,764
Total Shares and Deposits 1 3 Years
2,367,732
Total Shares and Deposits > 3 Years
112,325
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
4,490,706
Total Uninsured Shares and Deposits > $250K (F+J)
4,490,706
Total Insured Shares and Deposits > $250K (item 17 less item K)
101,997,115
Total Interest Expense (Sum of items 6 8)
374,458
Share Certificates
632
Number of Accounts for Share Drafts
4,195
IRA KEOGH Accounts
126
Number of Accounts for Regular Shares
9,674
Non Member Deposits
19
Money Market Shares
75
Net Income (unless the amount is already included in Undivided Earnings)
-23,213
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Adequately Capitalized
Net Worth Classification if credit union is a new credit union
Adequately Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
4,148,575
Total Liabilities
108,218,502
Source: NCUA — Last Updated 03/31/2026
MonitorBankRates Verified Healthy Badge 2026
2026 MBR Health & Safety Badge

Sound Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates — no need to download or upload anything.

<a href="https://monitorbankrates.com/credit-unions/sound-federal-credit-union-rates-review-24705">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026.svg"
       alt="MonitorBankRates Verified Healthy Badge 2026"
       width="160" height="160">
</a>
Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

There are no reviews for Sound Federal Credit Union yet. Feel free to create one below.
Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.
Average Rating
☆☆☆☆☆
Total Reviews
0
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Frequently Asked Questions About Sound Federal Credit Union

How many branches does Sound Federal Credit Union operate?

Sound Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Sound Federal Credit Union?

Yes, to access services at Sound Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Sound Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Sound Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Sound Federal Credit Union offer online and mobile banking?

Most modern institutions like Sound Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.mysoundcu.org.

Current Sound Federal Credit Union Rates

  • MMA1.00%
Retrieved from our database of financial products. Rates subject to change.

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