Credit union · NCUA insured
CorePlus Credit Union
A $671.3M credit union headquartered in Norwich, CT, with 50,669 members and 12 branches in Connecticut. Best rates: CDs 4.30% and savings 0.10% APY.
CorePlus Credit Union Carrot Score
78
Carrot Score
Higher than 47% of U.S. banks and credit unions
#7 of 15 in Norwich, CT metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About CorePlus Credit Union
Waypoint Credit Union is a member-owned, not-for-profit financial cooperative headquartered in Norwich, Connecticut.
The credit union traces its roots to 1936, when 27 Norwich-area teachers organized a credit union starting with $15.
On October 1, 2025, CorePlus Credit Union and Scient Federal Credit Union merged to form Waypoint Credit Union.
Waypoint Credit Union serves Connecticut members across branch locations including Norwich, Groton, New Haven, New London, and Waterford.
- Headquarters
- 202 Salem Tpke, Norwich, CT 06360
- NCUA charter
- 1148
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Open to anyone through enrollment in the American Consumer Council (ACC), a free non-profit focused on consumer education and financial literacy, with lifetime membership dues paid by Waypoint.
Where you live or work
- Open to individuals who live, work, worship, or attend school within the 19 census tracts in New London County that meet the underserved investment area definition in Section 109(c)(2) of the Federal Credit Union Act.
Family and household
- Applicants under 18 can join with a parent or guardian joining as a co-owner on the account.
Cost to join
- An opening deposit of as little as one cent is required to open a share savings account in a branch.
- An opening deposit of five dollars is required to open a share savings account online.
Branches
12 branches in Connecticut
Loading map…
Connecticut
12 branches
Norwich area · 10
- Salem TurnpikeMain office202 Salem Tpke, Norwich, CT 06360Directions
- 350 Salem Turnpike350 Salem Tpke, Bozrah, CT 06334Directions
- East Lyme125 Boston Post Rd, East Lyme, CT 06333Directions
- Colver Ave60 Colver Ave, Groton, CT 06340Directions
- Groton441 Long Hill Rd, Groton, CT 06340Directions
- Pfizer445 Eastern Point Rd, Groton, CT 06340Directions
- Foxwood350 Trolley Line Blvd, Mashantucket, CT 06338Directions
- New London243 Bank St, New London, CT 06320Directions
- Pawcatuck38 S Broad St, Pawcatuck, CT 06379Directions
- Waterford40 Boston Post Rd, Waterford, CT 06385Directions
New Haven area · 1
- New Haven50 Brewery St, New Haven, CT 06511Directions
Putnam area · 1
- Plainfield67 Lathrop Rd, Plainfield, CT 06374Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.96% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.39% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.41% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $92 | $76 | — |
- CapitalNet worth ratio10.96%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.39%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.41%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$92Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of CorePlus Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.