Overview / Commentary
Green Mountain Credit Union is headquartered in South Burlington and is the 8th largest credit union in the state of Vermont. It is also the 1,895th largest credit union in the nation. It was established in 1959 and as of September of 2022, it had grown to 16 employees and 5,011 members at 3 locations. Green Mountain Credit Union has a B+ health rating.
Field of Membership Restrictions
Green Mountain Credit Union of Vermont is open to every resident within the state and the employees of Green Mountain Power Corporation under the original field of membership.
See current membership details
Health
B+
Data as of Q3 2022
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. Green Mountain Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63859 |
| Year Chartered | 1959 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.36% |
| Return on Equity - YTD | 21.34% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $94.7MM$89.2MM |
| Loans | Q3 2022vs Q3 2021 | $86.7MM$74.7MM |
| Deposits | Q3 2022vs Q3 2021 | $83.8MM$80.3MM |
| Equity Capital | Q3 2022vs Q3 2021 | $10.4MM$8.4MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $328.00K$296.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $1.2MM$545.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |