Overview / Commentary
781-641-6700
23 Broadway
Arlington, MA 02474

New England Teamsters Federal Credit Union is headquartered in Burlington and is the 62nd largest credit union in the state of Massachusetts. It is also the 1,799th largest credit union in the nation. It was established in 1973 and as of September of 2018, it had grown to 13 employees and 6,152 members at 1 location. New England Teamsters Federal Credit Union's money market rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

New England Teamsters Federal Credit Union is open to a Teamster or honorary (retired) Teamster of any Teamster local union, within the jurisdiction of Teamsters Joint Council 10 in New England. Membership eligibility also extends to immediate family of current Teamster Local members, members and their immediate family of Medford Firefighters Local 1032.
See current membership details

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Health
B+
Additional 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. New England Teamsters Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #21507
Year Chartered1973
Employees13
Primary Regulator
Profit Margin
Return on Assets - YTD-1.08%
Return on Equity - YTD-11.21%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$82.7MM$69.5MM
LoansQ3 2018vs Q3 2017$51.3MM$42.4MM
DepositsQ3 2018vs Q3 2017$72.1MM$60.1MM
Equity CapitalQ3 2018vs Q3 2017$7.8MM$9.2MM
Loan Loss AllowanceQ3 2018vs Q3 2017$304.00K$273.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$785.00K$816.00K
Real Estate OwnedQ3 2018vs Q3 2017$206.00K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not New England Teamsters 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 Teamsters Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%--Coverdell Shares
0.60%--IRA Shares
0.60%--Roth IRA Savings
0.35%--Regular Savings
0.35%--Club Savings
0.35%--Minors Savings

New England Teamsters Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.61%*$250k*-Money Market Account
OTHER TIERS: 0.60% $1k - $50k | 1.00% $50k - $100k | 1.51% $100k - $250k

New England Teamsters Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%--Business Checking

New England Teamsters Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.52%$500-24 Month Share Certificate
2.52%$500-48 Month Share Certificate
2.52%$500-60 Month Share Certificate
2.52%$500-36 Month Share Certificate
2.52%$500-18 Month Share Certificate
2.27%$500-12 Month Share Certificate
1.76%$500-6 Month Share Certificate

New England Teamsters Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.52%$500-24 Month Fixed Rate Share IRA
2.52%$500-36 Month Fixed Rate Share IRA
2.52%$500-48 Month Fixed Rate Share IRA
2.52%$500-60 Month Fixed Rate Share IRA
2.27%$500-12 Month Fixed Rate Share IRA
Locations


New England Teamsters Federal Credit Union Locations
Branch Office1 Wall St Ste 402Burlington, MA 01803

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