Northeastern University Federal Credit Union
Overview / Commentary
Northeastern University Federal Credit Union is headquartered in BOSTON and is the 89th largest credit union in the state of Massachusetts. It is also the 3,070th largest credit union in the nation. It was established in 1969 and as of June of 2016, it had grown to 6 employees and 2,670 members at 1 location. Northeastern University Federal Credit Union has a C health rating.
Field of Membership Restrictions
Membership is open to employees, administrative staff, faculty, contractors, and vendors of Northeastern University, the New England Conservatory of Music or the Forsyth Dental Center.
See current membership details
Health
C
Data as of Q2 2016
Learn more about bank healthAdditional 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. Northeastern University Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 19481 |
| Year Chartered | 1969 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.02% |
| Return on Equity - YTD | -0.27% |
| Annual Interest Income | $548.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $27.0MM$28.9MM |
| Loans | Q2 2016vs Q2 2015 | $16.5MM$16.7MM |
| Deposits | Q2 2016vs Q2 2015 | $24.8MM$26.6MM |
| Equity Capital | Q2 2016vs Q2 2015 | $2.2MM$2.3MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $494.00K$465.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $410.00K$250.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Rates
Sorry, we do not have rate data for Northeastern University Federal Credit Union.
Locations
| Northeastern University Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 360 HUNTINGTON AVE RM 129 | BOSTON, MA 02115-5005 |