New England Federal Credit Union


Overview / Commentary
802-879-8790
141 Harvest Ln
Williston, VT 05495

New England Federal Credit Union is headquartered in Williston and is the largest credit union in the state of Vermont. It is also the 230th largest credit union in the nation. It was established in 1961 and as of June of 2020, it had grown to 228 employees and 92,291 members at 7 locations. New England Federal Credit Union's CD rates are 2X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in New England Federal Credit Union is open to anyone who lives, works, or attends school in the northwest Vermont counties of Addison, Chittenden, Franklin, Grand Isle, Lamoille, or Washington.
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
A+

Health Grade Components

Overall
NCUA #19263
Year Chartered1961
Employees228
Primary Regulator
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD5.6%
Annual Interest Income$23.2MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.60B$1.32B
LoansQ2 2020vs Q2 2019$1.25B$967.4MM
DepositsQ2 2020vs Q2 2019$1.37B$1.13B
Equity CapitalQ2 2020vs Q2 2019$185.2MM$170.4MM
Loan Loss AllowanceQ2 2020vs Q2 2019$3.0MM$3.0MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$3.3MM$2.3MM
Real Estate OwnedQ2 2020vs Q2 2019$0$264.00K
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$5-Savings Account
0.30%$5-Coverdell Education Savings Account
0.30%$5-IRA Share Account

New England Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%*$100k*-Power Account
OTHER TIERS: 0.30% $1k - $10k | 0.40% $10k - $50k | 0.60% $50k - $100k

New England Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-SimplySmarter Checking

New England Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.17%*$25*$5k12 Month Future Saver Plus Certificate (Variable Rate)
OTHER TIERS: 0.90% $5k+
2.17%$5-12 Month Uniform Transfer to Minor Act
1.05%*$25k*-60 Month Term Share Certificate
OTHER TIERS: 0.90% $1k - $25k
0.95%*$25k*-36 to 59 Month Term Share Certificate
OTHER TIERS: 0.80% $1k - $25k
0.90%$25-12 to 60 Month Future Saver Certificate (Variable Rate)
0.85%*$25k*-24 to 35 Month Term Share Certificate
OTHER TIERS: 0.70% $1k - $25k
0.75%*$25k*-12 to 23 Month Term Share Certificate
OTHER TIERS: 0.60% $1k - $25k
0.65%*$25k*-180 to 364 Day Term Share Certificate
OTHER TIERS: 0.50% $1k - $25k
0.55%*$25k*-90 to 179 Day Term Share Certificate
OTHER TIERS: 0.40% $1k - $25k

New England Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.16%*$25k*-18 Month Variable Rate Coverdell Education Savings
OTHER TIERS: 1.00% $5 - $25k
1.15%*$25k*-18 Month Variable Rate IRA
OTHER TIERS: 1.00% $5 - $25k
1.05%*$25k*-60 Month IRA
OTHER TIERS: 0.90% $1k - $25k
0.95%*$25k*-36 to 59 Month IRA
OTHER TIERS: 0.80% $1k - $25k
0.85%*$25k*-24 to 35 Month IRA
OTHER TIERS: 0.70% $1k - $25k
0.75%*$25k*-1 Year Coverdell Education Savings
OTHER TIERS: 0.60% $500 - $25k
0.75%*$25k*-12 to 23 Month IRA
OTHER TIERS: 0.60% $1k - $25k
Locations


New England Federal Credit Union Locations
Branch OfficeUniversity of VT Medical Center-McClure 2 Connector 111 Colchester AveBurlington, VT 05401-1473
Branch Office141 Harvest LnWilliston, VT 05495-7331
Branch Office1000 Shelburne RdSouth Burlington, VT 05403-6957
Branch Office74 Pearl StEssex Junction, VT 05452-3620
Branch Office295 Tuckers WaySt Albans, VT 05478
Branch Office916 S Main St Ste 200Royal Oak, MI 48067-3239
Corporate Office88 Technology Park WaySouth Burlington, VT 05403

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