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credit union

Skyline Financial

Waterbury, CT · Est. 1935
C
Trust Grade
Average
Score: 78/100

Skyline Financial is a credit union based in Waterbury, Connecticut, established in 1935, with $46 million in total assets serving 4,157 members. By Trust Grade it ranks 55th of 64 credit unions we track in Connecticut. Its net worth ratio of 7.2% trails most similarly sized credit unions (2th percentile), versus a Connecticut median of 11.2%. It was profitable over the most recent period, with a 0.65% return on assets. No consumer complaints against Skyline 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
$45.9M
<$100M institution
Members
4,157
Shares & deposits
Net worth ratio
7.2%
Bottom 2% of <$100M peers · Connecticut median 11.2%
Return on assets
0.7%
Top 48% of <$100M peers · Connecticut median 0.64%
Rank in Connecticut
#55
of 64 credit unions

How Skyline Financial compares to Connecticut peers

Net worth ratio
Bottom 2% of <$100M peers
Skyline Financial
7.2%
Connecticut median
11.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 48% of <$100M peers
Skyline Financial
0.7%
Connecticut median
0.6%
Higher ROA = more profitable relative to asset base

How we graded Skyline Financial

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

Financial strength
78/100
Customer experience
n/a
Overall
C · 78
  • Well-capitalized (7.2% capital ratio)
  • Profitable (ROA 0.65%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Are deposits at Skyline Financial insured?

Yes. Skyline 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.

Skyline Financial: frequently asked questions

Is Skyline Financial a good credit union?

Skyline Financial earns a Bankzia Trust Grade of C (78/100, "Average"), based on a financial-strength score of 78/100 (it has no CFPB complaints on record). Well-capitalized (7.2% capital ratio); Profitable (ROA 0.65%).

Is Skyline Financial NCUA-insured?

Yes. Skyline 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 Skyline Financial?

Skyline Financial holds $46 million in total assets, ranking 55th of 64 credit unions we track in Connecticut. It serves 4,157 members.

Does Skyline Financial have CFPB complaints?

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

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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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