Sound
Sound is a credit union based in Norwalk, Connecticut, established in 1953, with $116 million in total assets serving 8,361 members. By Trust Grade it ranks 63rd of 64 credit unions we track in Connecticut. Its net worth ratio of 6.8% trails most similarly sized credit unions (1th percentile), versus a Connecticut median of 11.2%. It posted a loss over the most recent period (-0.08% return on assets), a point to watch. No consumer complaints against Sound appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Sound compares to Connecticut peers
How we graded Sound
The Trust Grade blends financial strength with complaint history. Full methodology →
- Below the well-capitalized threshold (6.8%)
- Unprofitable over the period (ROA -0.08%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Sound over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Sound insured?
Yes. Sound 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.
Sound: frequently asked questions
Is Sound a good credit union?
Sound earns a Bankzia Trust Grade of D (69/100, "Below average"), based on a financial-strength score of 69/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (6.8%); Unprofitable over the period (ROA -0.08%).
Is Sound NCUA-insured?
Yes. Sound 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 Sound?
Sound holds $116 million in total assets, ranking 63rd of 64 credit unions we track in Connecticut. It serves 8,361 members.
Does Sound have CFPB complaints?
No CFPB complaints against Sound 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.
