Granite State Credit Union is headquartered in Manchester and is the 5th largest credit union in the state of New Hampshire. It is also the 616th largest credit union in the nation. It was established in 1945 and as of September of 2021, it had grown to 138 employees and 46,482 members at 8 locations. Granite State Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Granite State Credit Union is open to individuals who live or work in New Hampshire. Family members of current Granite State Credit Union members are also eligible for membership.
See current membership details
Glad I switched
I have switched from a normal bank to a credit union and could not be any happier. I have had nothing but pleasant experiences with the customer service whether it be on the phone or in person. I have been alerted immediately of any suspicious activity always and never had to worry about my accounts and making reports.....it is always in process when I have been contacted.
I enjoy that when I need a few checks to hold me over, I can go in and request them without having to order a box of 25 or 50 of them. Customer service appears to always be happy and helpful. Their products are very competitive, most often better then other banks. The online interface is simple to use and well organized. I would definitely recommend this credit union to anyone in the granite state (NH).
Credit Unions Rock
I recently joined the Granite State Credit Union because they had a promotion to refinance my car loan. I went from having an interest rate of 7.99% to 2.65%! They were extremely friendly and helpful throughtout the process and it was super easy. I applied for the loan online which I thought was awesome for a Credit Union and I received a phone call within minutes telling me I was approved. All I had to do was go into the credit union, deposit $100 into a savings account because I was not already a member so I had to join and within 30 minutes all the paperwork was signed and I was saving hundreds on my car loan. Since then I've received emails and phone calls thanking me for my business and asking if I needed anything or had questions. I've had a checking account with a nation wide bank for over 10 years and have never received such phone calls or emails.
Data as of Q3 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63272 |
| Year Chartered | 1945 |
| Employees | 138 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 13.07% |
| Annual Interest Income | $16.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $593.3MM$515.3MM |
| Loans | Q3 2021vs Q3 2020 | $424.8MM$393.4MM |
| Deposits | Q3 2021vs Q3 2020 | $541.0MM$468.8MM |
| Equity Capital | Q3 2021vs Q3 2020 | $47.6MM$42.2MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $1.4MM$1.5MM |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $1.0MM$1.2MM |
| Real Estate Owned | Q3 2021vs Q3 2020 | $0$0 |