Overview / Commentary
Green Mountain Credit Union is headquartered in South Burlington and is the 9th largest credit union in the state of Vermont. It is also the 2,053rd largest credit union in the nation. It was established in 1959 and as of December of 2019, it had grown to 15 employees and 4,424 members at 3 locations. Green Mountain Credit Union's money market rates are 14% higher than the national average, and it has an A 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
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Health
A
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. Green Mountain Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63859 |
| Year Chartered | 1959 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.88% |
| Return on Equity - YTD | 18.67% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $65.7MM$56.2MM |
| Loans | Q4 2019vs Q4 2018 | $56.8MM$51.4MM |
| Deposits | Q4 2019vs Q4 2018 | $59.1MM$50.7MM |
| Equity Capital | Q4 2019vs Q4 2018 | $6.4MM$5.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $256.00K$241.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $96.00K$256.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |