New England Federal Credit Union

Overview / Commentary
141 Harvest Ln
Williston, VT 05495-0527

New England Federal Credit Union is headquartered in Williston and is the largest credit union in the state of Vermont. It is also the 147th largest credit union in the nation. It was established in 1961 and as of December of 2023, it had grown to 442 employees and 166,811 members at 18 locations. New England Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership in New England Federal Credit Union is open to all U.S. citizens and resident aliens through membership in the American Consumer Council. Employees of several Select Employer Groups (including the State of Vermont and all Vermont State Colleges) are also eligible to join. Current members of the Vermont General Assembly, Northeast Sustainable Energy Association, Washington Electric Cooperative, or Financial Fitness Association also qualify for membership. Immediate family or household members of a current NEFCU member are welcome to apply.
See current membership details

Reviews (1)

I will never go back to a regular bank!

Many years ago I moved to town and started to work at a large hospital. The hospital was affiliated with the credit union. So my co-workers took me to the credit union for the very first time. It was a small office at the time. I was a little hesitant but it was easy. The people that worked there became your friend. They understood when you needed help and made good suggestions. As the hospital grew so did the credit union. It branched out into several sites. The people did change yet the staff was still easy to deal with. I have had several types of accounts with them to include checking, savings, credit cards and various loans. When I bumped into any issues the staff was quick to get back to me. Once my daughter lost her debt card- she called them and jumped right on. They halted any unforeseen charges and gave her a new card that very day. I was impressed. It is so nice to get that type of service. Real people helping you out.


Health Grade Components

NCUA #19263
Year Chartered1961
Primary Regulator
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD4.78%
Annual Interest Income$133.9MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$3B$1.95B
LoansQ4 2023vs Q4 2022$2.46B$1.57B
DepositsQ4 2023vs Q4 2022$2.44B$1.66B
Equity CapitalQ4 2023vs Q4 2022$328.2MM$208MM
Loan Loss AllowanceQ4 2023vs Q4 2022$7.9MM$3.1MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$10.9MM$3.7MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0

Rates for New England Federal Credit Union are currently being reviewed.



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.