Overview / Commentary
Athol Credit Union is headquartered in Athol and is the 63rd largest credit union in the state of Massachusetts. It is also the 2,017th largest credit union in the nation. It was established in 1930 and as of September of 2022, it had grown to 19 employees and 6,889 members at 1 location. Athol Credit Union has a B+ health rating.
Field of Membership Restrictions
Athol Credit Union is open to anyone who lives, works, or attends school in the Massachusetts counties of Franklin, Hampshire, or Worcester. Immediate family members of a current Athol Credit Union are also eligible to join.
See current membership details
Health
B+
Data as of Q3 2022
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Athol Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66819 |
| Year Chartered | 1930 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 11.92% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $84.6MM$75.4MM |
| Loans | Q3 2022vs Q3 2021 | $71.9MM$67.1MM |
| Deposits | Q3 2022vs Q3 2021 | $75.8MM$65.7MM |
| Equity Capital | Q3 2022vs Q3 2021 | $7.9MM$7.5MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $343.00K$353.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $633.00K$43.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |