Bridgewater Credit Union

75 Main Street
Bridgewater, MA 02324
508.697.8101
www.bridgewatercu.com

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Bridgewater Credit Union is headquartered in Bridgewater and is the 30^th largest credit union in the state of Massachusetts. It is also the 613^st largest credit union in the nation. It was established in 1941 and as of December of 2012, it had grown to 80 employees and 30,772 members. Bridgewater Credit Union has a 4-star health rating.

Bridgewater Credit Union Routing Number: 211381314

Special CD Rates at Bridgewater Credit Union in MA - Local Only - 2/6/2011

Bridgewater Credit Union is offering two special CDs for its 70th anniversary: a 3.00% APY 5-year CD and a 1.25% APY 7-month CD. Minimum deposit deposit is $1,000, and these are also available in an I ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Bridgewater Credit Union Checking Account Rates

Apy	Min	Max	Product
3.00%	-	$5k	Excel Checking
0.20%	$250	-	i Checking
0.10%	$25	-	N.O.W. Checking Account

Bridgewater Credit Union Savings Account Rates

Apy	Min	Max	Product
0.24%	$25k	-	Bridge Account
0.15%	$25	-	Statement Savings
0.15%	$25	-	Passbook Savings
0.10%	$25	-	Club Account

Bridgewater Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.35%	$50k	-	High Yield Money Market

Bridgewater Credit Union CD Rates

Apy	Min	Max	Product
1.46%	$1k	-	60 Month CD
1.21%	$1k	-	48 to 59 Month CD
1.06%	$1k	-	36 to 47 Month CD
0.75%	$1k	-	24 to 29 Month CD
0.75%	$1k	-	30 to 35 Month CD
0.60%	$1k	-	18 to 23 Month CD
0.50%	$1k	-	12 to 17 Month CD
0.30%	$1k	-	6 to 11 Month CD
0.20%	$1k	-	3 to 5 Month CD

Bridgewater Credit Union IRA Rates

Apy	Min	Max	Product
1.46%	$1k	-	60 Month IRA
1.46%	$1k	-	60 Month Roth IRA
1.21%	$1k	-	48 to 59 Month IRA
1.21%	$1k	-	48 to 59 Month Roth IRA
1.06%	$1k	-	36 to 47 Month IRA
1.06%	$1k	-	36 to 47 Month Roth IRA
0.75%	$1k	-	24 to 29 Month IRA
0.75%	$1k	-	24 to 29 Month Roth IRA
0.75%	$1k	-	30 to 35 Month IRA
0.75%	$1k	-	30 to 35 Month Roth IRA
0.60%	$1k	-	18 to 23 Month IRA
0.60%	$1k	-	18 to 23 Month Roth IRA
0.50%	$1k	-	12 to 17 Month IRA
0.50%	$1k	-	12 to 17 Month Roth IRA
0.30%	$1k	-	6 to 11 Month IRA
0.30%	$1k	-	6 to 11 Month Roth IRA
0.20%	$1k	-	3 to 5 Month IRA
0.20%	$1k	-	3 to 5 Month Roth IRA

Rates updated: 5/20/2013

Data for Q4 2012

Institution Statistics

BRIDGEWATER
NCUA #	67984
BankRate Report	View
Year Chartered	1941
Employees	80
Primary Regulator
Assets and Liabilities
Assets	$333.54 million
Loans	$248.52 million
Deposits	$265.76 million
Equity Capital	$34.00 million
Loan Loss Allowance	$1.59 million
Unbacked Noncurrent Loans	$3.02 million
Real Estate Owned	$120,000
Historic Data - December 2011
Assets	$329.54 million
Equity Capital	$31.75 million
Loan Loss Allowance	$1.88 million
Unbacked Noncurrent Loans	$3.06 million
Profit Margin - Quarterly
Net Interest Margin	3.85%
Return on Assets	0.67%
Return on Equity	6.55%
Interest Income	$12.08 million
Non-Interest Income	$3.55 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Bridgewater Credit Union had $3.14 million in non-current loans and owned real-estate with $35.58 million in equity and loan loss allowances on hand to cover it. This gives Bridgewater Credit Union a Texas Ratio of 8.84% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Bridgewater Credit Union held steady from 9.09% as of December 31, 2011 to 8.84% as of December 31, 2012, resulting in a positive change of 2.78%.This indicates that the balance sheet and financial strength for Bridgewater Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Bridgewater Credit Union has increased its total deposits by $7.17 million, resulting in 2.77% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bridgewater Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bridgewater Credit Union has $333.54 million in assets with $35.58 million in equity, resulting in a capitalization level of 10.67%, which is above average.