Cambridge Firefighters Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B
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CURRENT TOP RATE
0.75% APY
Regular Share Account
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Overview / Commentary
Cambridge Firefighters Federal Credit Union is headquartered in Cambridge and is the 113th largest credit union in the state of Massachusetts. It is also the 3,861st largest credit union in the nation. It was established in 1936 and as of December of 2019, it had grown to 923 members at 1 location. Cambridge Firefighters Federal Credit Union's savings rates are 44% higher than the national average, and it has a B health rating.
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. Cambridge Firefighters Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 1236 |
| Year Chartered | 1936 |
| Employees | 0 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.96% |
| Return on Equity - YTD | 4.51% |
| Annual Interest Income | $432.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $11.7MM$11.4MM |
| Loans | Q4 2019vs Q4 2018 | $7.3MM$6.9MM |
| Deposits | Q4 2019vs Q4 2018 | $9.2MM$9.0MM |
| Equity Capital | Q4 2019vs Q4 2018 | $2.5MM$2.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $48.00K$57.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $55.00K$17.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |