Overview / Commentary
Cabot Boston Credit Union is headquartered in Boston and is the 130th largest credit union in the state of Massachusetts. It is also the 4,266th largest credit union in the nation. It was established in 1941 and as of December of 2019, it had grown to 2 employees and 837 members at 1 location. Cabot Boston Credit Union has a B health rating.
Field of Membership Restrictions
Cabot Boston CU is open to all of the current employees of Cabot Boston Coroporati0on in the Massachusetts region. Membership eligibility also extends to include the close family members of eligible candidates and/or eligible current employees
See current membership details
Health
B
Data as of Q4 2019
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. Cabot Boston Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67891 |
| Year Chartered | 1941 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.1% |
| Return on Equity - YTD | 0.6% |
| Annual Interest Income | $251.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $7.1MM$7.1MM |
| Loans | Q4 2019vs Q4 2018 | $3.5MM$3.7MM |
| Deposits | Q4 2019vs Q4 2018 | $5.9MM$5.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.2MM$1.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $50.00K$40.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $13.00K$17.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |