Coastal New England Federal Credit Union

Overview / Commentary
93 Union St
New Bedford, MA 02740

Coastal New England Federal Credit Union is headquartered in New Bedford and is the 102nd largest credit union in the state of Massachusetts. It is also the 3,404th largest credit union in the nation. It was established in 1911 and as of December of 2019, it had grown to 5 employees and 2,528 members at 1 location. Coastal New England Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership in Coastal New England Federal Credit Union is open to those who live, work, attend school or worship in Bristol County in Massachusetts.
See current membership details

Related Posts

CD Specials, Up To 2.75% APY - 8/5/2019

Residents of Bristol or Plymouth Counties (MA) can join. 13-month CD Special, 2.529% APY 15-month CD Special, 2.682% APY 18-month CD Special, 2.785% APY $1,000 minimum


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Additional 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. Coastal New England Federal Credit Union has a low asset base.

Health Grade Components

NCUA #24913
Year Chartered1911
Primary Regulator
Profit Margin
Return on Assets - YTD-0.16%
Return on Equity - YTD-2.15%
Annual Interest Income$694.00K
Assets and Liabilities
AssetsQ4 2019$18.5MM
LoansQ4 2019$13.4MM
DepositsQ4 2019$17.1MM
Equity CapitalQ4 2019$1.4MM
Loan Loss AllowanceQ4 2019$85.00K
Unbacked Noncurrent LoansQ4 2019$63.00K
Real Estate OwnedQ4 2019$0

Rates for Coastal New England Federal Credit Union are currently being reviewed.


Coastal New England Federal Credit Union Locations
Branch Office93 Union StNew Bedford, MA 02740

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