Overview / Commentary
Members 1St CU (VT) is headquartered in Brattleboro and is the 14th largest credit union in the state of Vermont. It is also the 3,544th largest credit union in the nation. It was established in 1957 and as of June of 2021, it had grown to 5 employees and 2,015 members at 1 location. Members 1St CU (VT) has a B health rating.
Field of Membership Restrictions
Membership in Members 1st Credit Union is open to those who live or work in Bennington, Rutland, Windham, or Windsor Counties in Vermont; Cheshire or Sullivan Counties in New Hampshire; or Franklin County in Massachusetts, as well as immediate family of current members.
See current membership details
Health
B
Data as of Q2 2021
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. Members 1St CU (VT) has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63899 |
| Year Chartered | 1957 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 6.43% |
| Annual Interest Income | $332.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $17.8MM$16.7MM |
| Loans | Q2 2021vs Q2 2020 | $10.8MM$11.6MM |
| Deposits | Q2 2021vs Q2 2020 | $16.2MM$15.1MM |
| Equity Capital | Q2 2021vs Q2 2020 | $1.6MM$1.6MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $139.00K$136.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $113.00K$287.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |