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Connecticut Labor Dept Federal Credit Union Rates & Review April 2026

Connecticut Labor Dept Federal Credit Union's 1 year term IRA CDs rates are at 2.00%, 1 year term CDs rates are at 2.00%, 2 year term IRA CDs rates are at 2.00%, 2 year term CDs rates are at 2.00%, 3 year term CDs rates are at 2.00%. Connecticut Labor Dept Federal Credit Union's Personal Loan Rates are at 3.49%. MonitorBankRates evaluates the financial stability of Connecticut Labor Dept Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.29%. Rates were last updated on 04/17/2026.

Connecticut Labor Dept 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 Connecticut Labor Dept Federal Credit Union? Share your experience about Connecticut Labor Dept Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Connecticut Labor Dept Federal Credit Union.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 100/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
0.29%
Excellent Lower than avg
Connecticut Labor Dept Federal Credit Union
Credit Union
200 Folly Brook Blvd
Wethersfield, CT 06109
https://www.ctlaborfcu.com/
Member NCUA

Connecticut Labor Dept Federal Credit Union CD Rates

Product Rate APY Term View More
1 year term IRA Certificates 2.00% 2.00% 1 year
Min Deposit $500
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%
1 year term Share Certificates 2.00% 2.00% 1 year
Min Deposit $500
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%
2 year term IRA Certificates 2.00% 2.00% 2 year
Min Deposit $500
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%
2 year term Share Certificates 2.00% 2.00% 2 year
Min Deposit $500
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%
3 year term Share Certificates 2.00% 2.00% 3 year
Min Deposit $500
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%
4 year term Share Certificates 2.00% 2.00% 4 year
Min Deposit $500
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%
6 month term Share Certificates 2.00% 2.00% 6 month
Min Deposit $500
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%

Connecticut Labor Dept Federal Credit Union Savings Rates

Product Rate APY View More
Holiday Club 0.05% 0.05%
No additional details.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%
Vacation Club 0.05% 0.05%
No additional details.
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%

Connecticut Labor Dept Federal Credit Union Auto Loan Rates

Product Rate Points APR Term View More
New Auto Loans - - 3.49%
Details As Low As
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%
Used Auto Loans - - 6.24%
Details As Low As
Last Updated 04/17/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.29%

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Connecticut Labor Dept 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 Connecticut Labor Dept 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 Connecticut Labor Dept Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Connecticut Labor Dept Federal Credit Union
Address 200 Folly Brook Blvd, Wethersfield, CT 06109
Phone 860-263-6500
Fax 860-263-6508
President Teresa Kowalski
CEO NICOLE FOLLACCHIO
Full-Time Employees 2
Part-Time Employees 1
Branch Locations 1
ATM Locations 1
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (100/100)
Texas Ratio
0.29%
Return on Assets (ROA)
0.4783%
Return on Equity (ROE)
2.8484%
Non-Performing Loans Ratio (NPL)
0.20%
Total Assets
14,212,955
Total Amount of Shares and Deposits
11,909,548
Total Shares and Deposits < 1 Year
11,889,784
Total Shares and Deposits 1 3 Years
19,765
Total Insured Shares and Deposits > $250K (item 17 less item K)
11,909,548
Total Interest Expense (Sum of items 6 8)
31,023
Share Certificates
28
Number of Accounts for Share Drafts
421
IRA KEOGH Accounts
2
Number of Accounts for Regular Shares
1,460
Net Income (unless the amount is already included in Undivided Earnings)
40,661
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
4,060,052
Total Liabilities
11,826,531
Source: NCUA — Last Updated 09/30/2025

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Frequently Asked Questions About Connecticut Labor Dept Federal Credit Union

Is Connecticut Labor Dept Federal Credit Union a safe place to deposit money?

Yes, Connecticut Labor Dept Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 0.28921935079433%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does Connecticut Labor Dept Federal Credit Union operate?

Connecticut Labor Dept 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 Connecticut Labor Dept Federal Credit Union?

Yes, to access services at Connecticut Labor Dept 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, Connecticut Labor Dept 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, Connecticut Labor Dept Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Connecticut Labor Dept Federal Credit Union offer online and mobile banking?

Most modern institutions like Connecticut Labor Dept 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.ctlaborfcu.com/.

Current Connecticut Labor Dept Federal Credit Union Rates

  • 12-Month CD2.00%
  • 24-Month CD2.00%
Retrieved from our database of financial products. Rates subject to change.