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 472nd largest credit union in the nation. It was established in 1950 and as of September of 2019, it had grown to 170 employees and 55,468 members at 12 locations. NorthCountry Federal Credit Union's CD rates are 3X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, study or worship in northern Vermont (Addison, Caledonia, Chittenden, Essex, Franklin, Grand Isle, Lamoille, Orange, Orleans and Washington Counties).
See current membership details
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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 Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24312 |
| Year Chartered | 1950 |
| Employees | 170 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 7.44% |
| Annual Interest Income | $21.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $646.3MM$603.3MM |
| Loans | Q3 2019vs Q3 2018 | $523.4MM$485.3MM |
| Deposits | Q3 2019vs Q3 2018 | $568.8MM$538.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $63.9MM$59.2MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $4.0MM$4.0MM |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $3.7MM$5.5MM |
| Real Estate Owned | Q3 2019vs Q3 2018 | $389.00K$149.00K |
