Greylock Federal Credit Union is headquartered in Pittsfield and is the 7th largest credit union in the state of Massachusetts. It is also the 249th largest credit union in the nation. It was established in 1935 and as of September of 2018, it had grown to 268 employees and 85,778 members at 13 locations. Greylock Federal Credit Union has a B+ health rating.
Membership in Greylock Federal Credit Union is open to those who live, work, worship, attend school, or participate in associations headquartered in Berkshire County, Massachusetts and to those who participate in programs to alleviate distress or poverty which are located in Berkshire County, Massachusetts. Membership is also open to immediate family of existing members.
See current membership details
This credit union has accommodated all of my needs, from online banking to digital check transfer to free checking to no currency exchange fees while I study abroad. My only complaint is that they sometimes take a wire transfer fee if I wire a large sum of money to my account through my employer. Otherwise, I have experienced no fees, and while their savings dividends ratio is low as it is everywhere else, I am never charged fees and can rely on their online banking system while I am away from the country. Even better, their debit cards have been accepted everywhere in the US and out, and they have recently integrated chips into their cards for extra security! While it's hard to find branches anywhere outside of Western MA, they are very well run.
|Return on Assets - YTD||0.8%|
|Return on Equity - YTD||7.83%|
|Annual Interest Income||$29.8MM|
|Assets and Liabilities|
|Assets||Q3 2018vs Q3 2017||$1.19B$1.13B|
|Loans||Q3 2018vs Q3 2017||$1.01B$946.1MM|
|Deposits||Q3 2018vs Q3 2017||$1.02B$1.00B|
|Equity Capital||Q3 2018vs Q3 2017||$120.9MM$114.6MM|
|Secondary Capital||Q3 2018vs Q3 2017||$800.00K|
|Loan Loss Allowance||Q3 2018vs Q3 2017||$9.4MM$10.7MM|
|Unbacked Noncurrent Loans||Q3 2018vs Q3 2017||$12.9MM$9.9MM|
|Real Estate Owned||Q3 2018vs Q3 2017||$352.00K$317.00K|
Rates for Greylock Federal Credit Union are currently being reviewed.