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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 141st largest credit union in the state of Massachusetts. It is also the 4,671st largest credit union in the nation. It was established in 1965 and as of December of 2017, it had grown to 867 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 - YTD0.45%
Return on Equity - YTD1.98%
Annual Interest Income$216.00K
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$5.3MM$5.2MM
LoansQ4 2017vs Q4 2016$3.0MM$2.7MM
DepositsQ4 2017vs Q4 2016$4.1MM$4.0MM
Equity CapitalQ4 2017vs Q4 2016$1.2MM$1.2MM
Loan Loss AllowanceQ4 2017vs Q4 2016$22.00K$13.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$51.00K$27.00K
Real Estate OwnedQ4 2017vs Q4 2016$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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