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 3,567th largest credit union in the nation. It was established in 1957 and as of December of 2020, it had grown to 5 employees and 2,038 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 Q4 2020
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 | -0.33% |
| Return on Equity - YTD | -3.72% |
| Annual Interest Income | $761.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $16.9MM$14.9MM |
| Loans | Q4 2020vs Q4 2019 | $11.1MM$12.2MM |
| Deposits | Q4 2020vs Q4 2019 | $15.4MM$13.2MM |
| Equity Capital | Q4 2020vs Q4 2019 | $1.5MM$1.6MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $139.00K$141.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $162.00K$257.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |