1. Banks
  2. Somerset Federal Credit Union

Somerset Federal Credit Union


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 45th largest credit union in the state of Massachusetts. It is also the 1,282nd largest credit union in the nation. It was established in 1936 and as of September of 2020, it had grown to 28 employees and 11,059 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

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A+

Data as of Q3 2020

Learn why bank health matters

Health Grade Components

Overall
NCUA #24239
Year Chartered1936
Employees28
Primary Regulator
Profit Margin
Return on Assets - YTD0.33%
Return on Equity - YTD2.39%
Annual Interest Income$3.8MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$168.8MM$152.4MM
LoansQ3 2020vs Q3 2019$98.2MM$89.1MM
DepositsQ3 2020vs Q3 2019$141.5MM$126.6MM
Equity CapitalQ3 2020vs Q3 2019$23.3MM$21.7MM
Loan Loss AllowanceQ3 2020vs Q3 2019$122.00K$132.00K
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$334.00K$964.00K
Real Estate OwnedQ3 2020vs Q3 2019$230.00K$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Somerset Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Somerset Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%-$100kKasasa Saver
0.10%$10-Statement Savings
0.05%$10-Christmas Club Account

Somerset Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$1k-Statement Money Market

Somerset Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%-$10kKasasa Cash Checking
0.05%$500-Free Checking

Somerset Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.21%$1k-60 Month Term Share Certificate
1.01%$1k-48 Month Term Share Certificate
0.80%$1k-36 Month Term Share Certificate
0.75%$1k-24 Month Term Share Certificate
0.50%$1k-12 Month Term Share Certificate
0.25%$1k-6 Month Term Share Certificate
Locations


Somerset Federal Credit Union Locations
Branch Office740 County StSomerset, MA 02726

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.