Overview / Commentary
781-769-5169
PO Box 340
Norwood, MA 02062-4330

Norwood Town Employees Federal Credit Union is headquartered in NORWOOD and is the 140th largest credit union in the state of Massachusetts. It is also the 4,586th largest credit union in the nation. It was established in 1965 and as of June of 2018, it had grown to 871 members. Norwood Town Employees Federal Credit Union has a B health rating.

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Health
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. Norwood Town Employees Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #17112
Year Chartered1965
Employees0
Primary Regulator
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD3.41%
Annual Interest Income$108.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$5.5MM$5.2MM
LoansQ2 2018vs Q2 2017$2.9MM$2.7MM
DepositsQ2 2018vs Q2 2017$4.3MM$4.0MM
Equity CapitalQ2 2018vs Q2 2017$1.2MM$1.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$38.00K$14.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$57.00K$11.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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Norwood Town Employees Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$50-Savings
0.40%$50-Christmas Club
Locations

Sorry, but we do not have location data for Norwood Town Employees Federal Credit Union. Its headquarters is located at PO Box 340 - Norwood, MA 02062-4330

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