Naveo Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.35%	1-year CD	13 Month CD 1.05% - Ally Bank High Yield 12-Month CD
0.10%	Savings	Statement Savings 1.00% - Ally Bank Online Savings Account
0.90%	3-year CD	36 Month CD 1.55% - Ally Bank High Yield 3 Year CD

View all Naveo Credit Union rates »

Overview / Commentary

www.naveo.org

888-308-2728

493 Somerville Ave
Somerville, MA 02143

Naveo Credit Union is headquartered in Somerville and is the 52^nd largest credit union in the state of Massachusetts. It is also the 1,395^th largest credit union in the nation. It was established in 1928 and as of June of 2016, it had grown to 26 employees and 7,798 members at 2 locations. Naveo Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, attend school or work in Suffolk or Middlesex Counties and in the municipalities of Lynn, Peabody, Salem, Nahant, Saugus, Lynnfield, Swampscott, and Marblehead in Essex County.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
NCUA #	68046
Year Chartered	1928
Employees	26
Primary Regulator

Profit Margin
Return on Assets - YTD	0.21%
Return on Equity - YTD	2.65%
Annual Interest Income	$1.7MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$119.7MM$114.9MM
Loans	Q2 2016vs Q2 2015	$59.7MM$58.4MM
Deposits	Q2 2016vs Q2 2015	$109.3MM$105.4MM
Equity Capital	Q2 2016vs Q2 2015	$9.6MM$9.0MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$531.00K$547.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$70.00K$81.00K
Real Estate Owned	Q2 2016vs Q2 2015	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Naveo 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.

Naveo Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	$25	-	Business Savings
0.10%	$25	-	Passbook Savings
0.10%	$25	-	Statement Savings
0.10%	$25	-	Christmas Club
0.10%	$25	-	Kids Club

Naveo Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$100k^*	-	Tiered Money Market Checking
OTHER TIERS: 0.10% → $25 - $50k \| 0.15% → $50k - $100k

Naveo Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$25	-	Secure Checking

Naveo Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%	$1k	-	36 Month CD
0.75%	$1k	-	24 Month CD
0.40%	$1k	-	18 Month CD
0.35%	$1k	-	13 Month CD
0.30%	$1k	-	9 Month CD
0.15%	$1k	-	6 Month CD

Naveo Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%	$500	-	36 Month IRA
0.75%	$500	-	24 Month IRA
0.40%	$500	-	18 Month IRA
0.35%	$500	-	13 Month IRA
0.30%	$500	-	9 Month IRA
0.15%	$500	-	6 Month IRA

Locations

Naveo Credit Union Locations
Branch Office	493 Somerville Ave	Somerville, MA 02143
Branch Office	251 Hampshire St	Cambridge, MA 02139