NorthCountry Federal Credit Union is headquartered in S Burlington and is the 3rd largest credit union in the state of Vermont. It is also the 458th largest credit union in the nation. It was established in 1950 and as of December of 2020, it had grown to 164 employees and 59,495 members at 12 locations. NorthCountry Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in NorthCountry Credit Union is open to those who live, work, worship, or attend school in the northern Vermont counties of Addison, Caledonia, Chittenden, Essex, Franklin, Grand Isle, Lamoille, Orange, Orleans, or Washington.
See current membership details
Awesome! Great Service, Great Options!
I have been a member for over 5 years. I love that this place is so helpful, and I love my new Kasasa account that gives me a little treat at the beginning of the month. It's like a cash bonus for just swiping my card! LOVE IT!!!!!
Review of North Country Federal Credit Union
I have been a member of this credit union for just over two years. I switched from a large traditional bank because I was not pleased with the fees associated with my deposit accounts. North Country is a small but growing credit union, with fewer than 20 branches all located in Vermont. The size of this institution in comparison to other banks provides a small town family feel when seeking personalized service. Size of the institution, however, does not limit its ability to provide competitive services. There are no fees associated with keeping deposit accounts, with only a $50 minimum balance necessary to keep a savings account. There are also no fees from North Country for using ATM's from outside institutions. In fact, the fees charged by other institutions for utilizing ATM services are refunded by North Country. The checking account that I have also provides a $6 monthly bonus for meeting certain criteria involving direct deposit and debit card usage. Overall, I am very satisfied with this credit union. I am happy with the competitive services offered, and the few customer service inquiries that I have made have been follow up very promptly and professionally.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24312 |
| Year Chartered | 1950 |
| Employees | 164 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.4% |
| Return on Equity - YTD | 4.58% |
| Annual Interest Income | $28.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $792.6MM$656.2MM |
| Loans | Q4 2020vs Q4 2019 | $592.1MM$526.8MM |
| Deposits | Q4 2020vs Q4 2019 | $709.8MM$575.8MM |
| Equity Capital | Q4 2020vs Q4 2019 | $68.8MM$65.4MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $5.2MM$3.8MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $5.5MM$4.8MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $221.00K$400.00K |
