Vermont Federal Credit Union

Vermont Federal Credit Union Locations
84 Pine Street
Burlington, VT 05401
(888) 252-0202
www.vermontfederal.org

NCUA


Vermont Federal Credit Union is headquartered in Burlington and is the 4th largest credit union in the state of Vermont. It is also the 562nd largest credit union in the nation. It was established in 1953 and as of December of 2012, it had grown to 105 employees and 35,236 members. Vermont Federal Credit Union has a 5-star health rating.

Vermont Federal Credit Union Routing Number: 211691062

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Top Long-Term CD Rates at Vermont Federal Credit Union - Local Only - 6/3/2011

Vermont Federal Credit Union has two CD specials with very competitive rates: a 3.10% APY for a 5-year term and a 2.55% APY for a 4-year term. Minimum deposit is $500. The IRA versions of these have r ...

High-Yield Reward Checking Account at Vermont Federal Credit Union - 3/24/2008

Update 9/07/09: The top yield has fallen to 2.50% APY. Refer to the bottom of the post for the rate history.Vermont Federal Credit Union is offering a reward checking account that pays 2.50% APY for balances up to $25,000 (0.75% for above) and refunds...



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

Vermont Federal Credit Union Checking Account Rates

ApyMinMaxProduct
1.50%-$25kReWARD Checking
0.00%--Share Draft Checking
0.00%--Business Share Draft Checking

Vermont Federal Credit Union Savings Account Rates

ApyMinMaxProduct
0.10%$25-Share Savings
0.10%--Special Account
0.10%--Vacation Club Account
0.10%--Holiday Savings
0.10%--IRA (Accumulator) Share Account
0.10%--Business Savings
0.10%--Roth IRA (Accumulator) Share Account

Vermont Federal Credit Union Money Market Rates

ApyMinMaxProduct
0.55%$50k-Money Market Account
0.55%$50k-Business Money Market Account

Vermont Federal Credit Union CD Rates

ApyMinMaxProduct
2.10%$50-60 Month Youth Certificate
1.60%$500-60 Month CD
1.10%$500-48 Month CD
0.90%$500-36 Month CD
0.75%$500-24 Month CD
0.60%$500-18 Month CD
0.55%$500-12 Month CD
0.35%$500-6 Month CD

Vermont Federal Credit Union IRA Rates

ApyMinMaxProduct
1.70%$500-60 Month IRA Certificate
1.70%$500-60 Month Roth IRA Certificate
1.70%$500-60 Month CESA Certificate
1.20%$500-48 Month IRA Certificate
1.20%$500-48 Month Roth IRA Certificate
1.00%$500-36 Month IRA Certificate
1.00%$500-36 Month Roth IRA Certificate
0.85%$500-24 Month IRA Certificate
0.85%$500-24 Month Roth IRA Certificate
0.70%$500-18 Month IRA Certificate
0.70%$500-18 Month Roth IRA Certificate
0.70%$500-18 Month CESA Certificate
0.65%$500-12 Month IRA Certificate
0.65%$500-12 Month Roth IRA Certificate
0.45%$500-6 Month IRA Certificate
0.45%$500-6 Month Roth IRA Certificate

Rates updated: 5/20/2013

Data for Q4 2012


Institution Statistics


VERMONT
NCUA #24405
BankRate ReportView
Year Chartered1953
Employees105
Primary Regulator

Assets and Liabilities

Assets$364.49 million
Loans$211.00 million
Deposits$314.79 million
Equity Capital$35.29 million
Loan Loss Allowance$1.41 million
Unbacked Noncurrent Loans$2.22 million
Real Estate Owned$465,000

Historic Data - December 2011

Assets$335.79 million
Equity Capital$32.30 million
Loan Loss Allowance$1.36 million
Unbacked Noncurrent Loans$2.80 million
Real Estate Owned$863,000

Profit Margin - Quarterly

Net Interest Margin4.25%
Return on Assets1.04%
Return on Equity10.77%
Interest Income$13.86 million
Non-Interest Income$8.76 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Vermont Federal Credit Union had $2.68 million in non-current loans and owned real-estate with $36.7 million in equity and loan loss allowances on hand to cover it. This gives Vermont Federal Credit Union a Texas Ratio of 7.31% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Vermont Federal Credit Union decreased slightly from 10.87% as of December 31, 2011 to 7.31% as of December 31, 2012, resulting in a positive change of 32.75%.This indicates that the balance sheet and financial strength for Vermont Federal Credit Union has improved slightly in recent periods.
Deposit Growth5
In the past year, Vermont Federal Credit Union has increased its total deposits by $43.74 million, resulting in 16.14% 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 Vermont Federal Credit Union has shown is excellent.
Capitalization4
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. Vermont Federal Credit Union has $364.48 million in assets with $36.7 million in equity, resulting in a capitalization level of 10.07%, which is above average.
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