Somerset Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.51%	5-year CD	60 Month Term Share Certificate 2.35% - Synchrony Bank 60 Month CD
0.50%	1-year CD	12 Month Term Share Certificate 1.40% - Synchrony Bank 12 Month CD
0.10%	Savings	Statement Savings 1.20% - Goldman Sachs Bank USA Online Savings

View all Somerset Federal Credit Union rates »

Overview / Commentary

www.somersetfcu.com

508-678-2851

740 County Street
Somerset, MA 02726

Somerset Federal Credit Union is headquartered in Somerset and is the 49^th largest credit union in the state of Massachusetts. It is also the 1,288^th largest credit union in the nation. It was established in 1936 and as of March of 2017, it had grown to 27 employees and 11,499 members at 1 location. Somerset Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Bristol County and their immediate family.
See current membership details

Overall
NCUA #	24239
Year Chartered	1936
Employees	27
Primary Regulator

Profit Margin
Return on Assets - YTD	0.38%
Return on Equity - YTD	2.72%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$141.5MM$136.8MM
Loans	Q1 2017vs Q1 2016	$80.1MM$78.3MM
Deposits	Q1 2017vs Q1 2016	$121.9MM$117.5MM
Equity Capital	Q1 2017vs Q1 2016	$19.7MM$19.9MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$157.00K$145.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$877.00K$980.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

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