NMTW Community Credit Union

40 Market Street
Lowell, MA 01852
(978) 452-9961
www.nmtw.org

NCUA

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NMTW Community Credit Union is headquartered in Lowell and is the 16^st largest credit union in the state of Massachusetts. It is also the 390^th largest credit union in the nation. It was established in 1922 and as of December of 2012, it had grown to 115 employees and 25,540 members. NMTW Community Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

Add-On CD & Savings Account Promo at NMTW Community Credit Union in MA & NH - Local Only - 6/22/2011

NMTW Community Credit Union continues to offer two good deposit deals. The first is a 33-month add-on CD with a 1.50% APY APY (1.60% APY for the IRA). Minimum deposit is $500, and it allows two additi ...

Top Add-On CD Rate & $100 Savings Account Promo at NMTW Community Credit Union in MA & NH - Local Only - 7/16/2010

NMTW Community Credit Union has several good deposit deals. One is a 33-month add-on CD with a 2.45% APY (2.55% APY for the IRA). Minimum deposit is $500, and it allows two additional deposits to be m ...

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

NMTW Community Credit Union Checking Account Rates

Apy	Min	Max	Product
0.25%	$2,500	-	Advantage Checking
0.25%	-	-	Benefit Checking
0.25%	-	-	Teen Checking
0.25%	-	-	Student Checking
0.10%	-	-	Commercial Checking

NMTW Community Credit Union Savings Account Rates

Apy	Min	Max	Product
0.75%	-	-	Kids Super Saver
0.75%	-	-	Teen Super Saver
0.75%	-	-	Student Super Saver
0.70%	$25	-	IRA Variable Account
0.70%	$25	-	SEP IRA Variable Account
0.70%	$25	-	Business IRA Variable Account
0.25%	$15	-	Kids Smart Saver
0.25%	$25	-	Holiday Club
0.25%	$25	-	Second Savings
0.25%	$25	-	Tax Escrow
0.25%	-	-	Business Savings
0.25%	$25	-	Share Savings

NMTW Community Credit Union Money Market Rates

Apy	Min	Max	Product
0.50%	$100k	-	Tiered Money Manager Account
0.50%	$50k	-	Business Money Market Account

NMTW Community Credit Union CD Rates

Apy	Min	Max	Product
1.74%	$500	-	Business 5 Year CD
1.65%	$500	-	5 Year CD
1.55%	$500	-	Business 4 Year CD
1.45%	$500	-	4 Year CD
1.30%	$500	-	Business 33 Month Add On CD
1.30%	$500	-	Business 3 Year CD
1.20%	$500	-	33 Month Add On CD
1.20%	$500	-	3 Year CD
1.10%	$500	-	Business 2 1/2 Year CD
1.00%	$500	-	2 1/2 Year CD
1.00%	$500	-	Business 2 Year CD
0.90%	$500	-	2 Year CD
0.85%	$500	-	Business 1 1/2 Year CD
0.75%	$500	-	1 1/2 Year CD
0.60%	$100	$2,500	Starter CD 1 Year
0.60%	$500	-	Business 1 Year CD
0.60%	$500	-	Business 13 Month Add On CD
0.50%	$500	-	13 Month Add On CD
0.50%	$500	-	1 Year CD
0.50%	$500	-	Business 6 Month CD
0.40%	$500	-	6 Month CD
0.40%	$500	-	Business 91 Day CD
0.30%	$500	-	91 Day CD

NMTW Community Credit Union IRA Rates

Apy	Min	Max	Product
1.74%	$500	-	5 Year IRA
1.74%	$500	-	5 Year SEP IRA
1.74%	$500	-	5 Year Roth IRA
1.55%	$500	-	4 Year IRA
1.55%	$500	-	4 Year SEP IRA
1.55%	$500	-	4 Year Roth IRA
1.30%	$500	-	33 Month Add On IRA
1.30%	$500	-	3 Year IRA
1.30%	$500	-	33 Month Add On SEP IRA
1.30%	$500	-	3 Year SEP IRA
1.30%	$500	-	33 Month Add On Roth IRA
1.30%	$500	-	3 Year Roth IRA
1.10%	$500	-	2 1/2 Year IRA
1.10%	$500	-	2 1/2 Year SEP IRA
1.10%	$500	-	2 1/2 Year Roth IRA
1.00%	$500	-	2 Year IRA
1.00%	$500	-	2 Year SEP IRA
1.00%	$500	-	2 Year Roth IRA
0.85%	$500	-	1 1/2 Year IRA
0.85%	$500	-	1 1/2 Year SEP IRA
0.85%	$500	-	1 1/2 Year Roth IRA
0.60%	$500	-	1 Year IRA
0.60%	$500	-	13 Month Add On IRA
0.60%	$500	-	1 Year SEP IRA
0.60%	$500	-	13 Month Add On SEP IRA
0.60%	$500	-	1 Year Roth IRA
0.60%	$500	-	13 Month Add On Roth IRA
0.50%	$500	-	6 Month IRA
0.50%	$500	-	6 Month SEP IRA
0.50%	$500	-	6 Month Roth IRA
0.40%	$500	-	91 Day IRA
0.40%	$500	-	91 Day SEP IRA
0.40%	$500	-	91 Day Roth IRA

Rates updated: 5/21/2013

Data for Q4 2012

Institution Statistics

NO. MASS. TEL WORKERS COMMUNITY
NCUA #	66365
BankRate Report	View
Year Chartered	1922
Employees	115
Primary Regulator
Assets and Liabilities
Assets	$543.54 million
Loans	$271.12 million
Deposits	$407.86 million
Equity Capital	$72.58 million
Loan Loss Allowance	$2.66 million
Unbacked Noncurrent Loans	$3.72 million
Real Estate Owned	$483,000
Historic Data - December 2011
Assets	$527.92 million
Equity Capital	$69.10 million
Loan Loss Allowance	$3.19 million
Unbacked Noncurrent Loans	$5.22 million
Real Estate Owned	$224,000
Profit Margin - Quarterly
Net Interest Margin	4.68%
Return on Assets	0.25%
Return on Equity	1.89%
Interest Income	$17.62 million
Non-Interest Income	$5.93 million

Institution Health

Overall Score:

5 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 NMTW Community Credit Union had $4.2 million in non-current loans and owned real-estate with $75.23 million in equity and loan loss allowances on hand to cover it. This gives NMTW Community Credit Union a Texas Ratio of 5.58% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for NMTW Community Credit Union decreased slightly from 7.53% as of December 31, 2011 to 5.58% as of December 31, 2012, resulting in a positive change of 25.90%.This indicates that the balance sheet and financial strength for NMTW Community Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, NMTW Community Credit Union has increased its total deposits by $1.73 million, resulting in 0.43% 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 NMTW Community Credit Union has shown is 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. NMTW Community Credit Union has $543.54 million in assets with $75.23 million in equity, resulting in a capitalization level of 13.84%, which is excellent.