New England Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.17% | 5-year CD | 5 Year Term Share Certificate 2.25% - Ally Bank High Yield 5 Year CD |
| 0.95% | 1-year CD | 1-5 Year Variable Rate Future Saver Certificate 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.15% | Savings | Savings Account 1.20% - Ally Bank Online Savings Account |
New England Federal Credit Union is headquartered in Williston and is the largest credit union in the state of Vermont. It is also the 224th largest credit union in the nation. It was established in 1961 and as of June of 2017, it had grown to 201 employees and 88,754 members at 5 locations. New England Federal Credit Union's money market rates are 36% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership in New England Federal Credit Union is open to the following: (1) those who live, work or attend school in Chittenden, Grand Isle, Franklin, Lamoille, Washington or Addison Counties of Vermont; (2) those who live, work, volunteer, worship or attend school in Macomb, Oakland, Washtenaw, or Wayne Counties in Michigan; (3) employees or retirees of Blue Cross Blue Shield of Michigan; (4) Medical Mutual of Ohio; (5) those working in health care related organization in Monroe, St. Clair, or Genesee Counties in Michigan.
See current membership details
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 19263 |
| Year Chartered | 1961 |
| Employees | 201 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 5.13% |
| Annual Interest Income | $17.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $1.23B$1.16B |
| Loans | Q2 2017vs Q2 2016 | $872.2MM$775.9MM |
| Deposits | Q2 2017vs Q2 2016 | $1.06B$993.1MM |
| Equity Capital | Q2 2017vs Q2 2016 | $146.0MM$140.1MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $3.0MM$2.6MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $4.9MM$3.5MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $93.00K$63.00K |
Always verify rates and promotions with the bank or credit union. We are not New England 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.
New England Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | Savings Account | |
| 0.15% | - | - | Coverdell Education Savings Account | |
| 0.15% | - | - | Roth Share Account | |
| 0.15% | - | - | IRA Share Account |
New England Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $50k* | - | Power Account | ||
| OTHER TIERS: 0.25% → $1k - $10k | 0.35% → $10k - $50k | |||||
New England Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $500 | - | Checking Account |
New England Federal Credit Union CD Rates
New England Federal Credit Union IRA Rates
| New England Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | University of VT Medical Center-McClure 2 Connector 111 Colchester Ave | Burlington, VT 05401-1473 |
| Branch Office | 141 Harvest Ln | Williston, VT 05495-7331 |
| Branch Office | 1000 Shelburne Rd | South Burlington, VT 05403-6957 |
| Branch Office | 74 Pearl St | Essex Junction, VT 05452-3620 |
| Branch Office | 295 Tuckers Way | St Albans, VT 05478 |