Overview / Commentary
Credit Union Of Vermont is headquartered in Rutland and is the 10th largest credit union in the state of Vermont. It is also the 2,293rd largest credit union in the nation. It was established in 1958 and as of June of 2020, it had grown to 6 employees and 3,207 members at 1 location. Credit Union Of Vermont has an A health rating.
Field of Membership Restrictions
Membership in Credit Union of Vermont is open to all federal, state, municipal, school, and county employees anywhere in Vermont. Retirees, annuitants, and all family members are also welcome.
See current membership details
Health
A
Data as of Q2 2020
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. Credit Union Of Vermont has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63896 |
| Year Chartered | 1958 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.02% |
| Return on Equity - YTD | 8.55% |
| Annual Interest Income | $995.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $56.7MM$51.7MM |
| Loans | Q2 2020vs Q2 2019 | $35.6MM$35.0MM |
| Deposits | Q2 2020vs Q2 2019 | $49.9MM$45.6MM |
| Equity Capital | Q2 2020vs Q2 2019 | $6.6MM$6.0MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $41.00K$47.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $12.00K$13.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |