IC Federal Credit Union is headquartered in Fitchburg and is the 27th largest credit union in the state of Massachusetts. It is also the 595th largest credit union in the nation. It was established in 1934 and as of December of 2020, it had grown to 95 employees and 33,652 members at 9 locations. IC Federal Credit Union has an A health rating.
Membership in IC Federal Credit Union is open to those who live, work, worship, attend school, participate in an association with a headquarters, and organizations in Worcester, Middlesex, Franklin, Hampden, Hampshire, or Norfolk Counties in Massachusetts. Membership is also open to family members and organizations of existing members.
See current membership details
Overall | |
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NCUA # | 24250 |
Year Chartered | 1934 |
Employees | 95 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.44% |
Return on Equity - YTD | 3.74% |
Annual Interest Income | $15.8MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $571.2MM$503.3MM |
Loans | Q4 2020vs Q4 2019 | $333.3MM$350.6MM |
Deposits | Q4 2020vs Q4 2019 | $498.3MM$384.8MM |
Equity Capital | Q4 2020vs Q4 2019 | $66.4MM$63.7MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $3.4MM$3.2MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $3.6MM$3.5MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not IC Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $50k* | - | Money Market | ||
OTHER TIERS: 0.05% → $50 - $10k | 0.10% → $10k - $25k | 0.15% → $25k - $50k | |||||
0.05% | $50 | - | Intelligent Business Money Market |
IC Federal Credit Union Locations | ||
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Branch Office | 67 Whalon St | Fitchburg, MA 01420 |
Branch Office | 59 Whalon St | Fitchburg, MA 01420-7137 |
Branch Office | 400 Mechanic St | Leominster, MA 01453 |
Branch Office | 71 Main St | Westminster, MA 01473 |
Branch Office | 520 Electric Ave | Fitchburg, MA 01420 |
Branch Office | 300 Bemis Rd | Fitchburg, MA 01420 |
Branch Office | 72 Park St | Ayer, MA 01432 |
Branch Office | 947 W Boylston St | Worcester, MA 01606-1275 |
Branch Office | 160 Apex Dr Ste A | Marlborough, MA 01752 |