credit union

Nutmeg State Financial

Rocky Hill, CT · Est. 1935
A
Trust Grade
Excellent
Score: 94/100

Nutmeg State Financial is a credit union based in Rocky Hill, Connecticut, established in 1935, with $885 million in total assets serving 66,654 members. By Trust Grade it ranks 23rd of 64 credit unions we track in Connecticut. Its net worth ratio of 12.2% is stronger than 62% of similarly sized credit unions, versus a Connecticut median of 11.2%. It was profitable over the most recent period, with a 0.50% return on assets. No consumer complaints against Nutmeg State Financial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$885.2M
$100M–1B institution
Members
66,654
Shares & deposits
—
Net worth ratio
12.2%
Top 38% of $100M–1B peers · Connecticut median 11.2%
Return on assets
0.5%
Bottom 37% of $100M–1B peers · Connecticut median 0.64%
Rank in Connecticut
#23
of 64 credit unions

How Nutmeg State Financial compares to Connecticut peers

Net worth ratio
Top 38% of $100M–1B peers
Nutmeg State
12.2%
Connecticut median
11.2%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 37% of $100M–1B peers
Nutmeg State
0.5%
Connecticut median
0.6%
Higher ROA = more profitable relative to asset base

How we graded Nutmeg State Financial

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
94/100
Customer experience
n/a
Overall
A · 94
  • Strongly capitalized (12.2% capital ratio)
  • Profitable (ROA 0.50%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Nutmeg State Financial over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Nutmeg State Financial insured?

Yes. Nutmeg State Financial 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.

Nutmeg State Financial: frequently asked questions

Is Nutmeg State Financial a good credit union?

Nutmeg State Financial earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (12.2% capital ratio); Profitable (ROA 0.50%).

Is Nutmeg State Financial NCUA-insured?

Yes. Nutmeg State Financial 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 Nutmeg State Financial?

Nutmeg State Financial holds $885 million in total assets, ranking 23rd of 64 credit unions we track in Connecticut. It serves 66,654 members.

Does Nutmeg State Financial have CFPB complaints?

No CFPB complaints against Nutmeg State Financial appear in our data over the analysis window, which is typical for a credit union of this size.

Similar Credit Unions

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Dutch Point
credit union · Wethersfield, CT · $560M assets
Mutual Security
credit union · Shelton, CT · $379M assets
Waterbury Connecticut Teachers
credit union · Waterbury, CT · $361M assets
Sikorsky Financial
credit union · Stratford, CT · $1.4B assets

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.

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