Featured Savings Rates
Featured Accounts

Somerville School Employees Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.21%1-year CD1 Year CD
0.06%SavingsRegular Savings
0.51%3-year CD3 Year CD

Overview / Commentary
617-625-8411
100 Highland Ave
Somerville, MA 02143

Somerville School Employees Federal Credit Union is headquartered in Somerville and is the 94th largest credit union in the state of Massachusetts. It is also the 3,177th largest credit union in the nation. It was established in 1939 and as of September of 2016, it had grown to 3 employees and 1,841 members at 1 location. Somerville School Employees Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to employees of the Somerville School Department who are paid by the city of Somerville, Massachusetts.
See current membership details

Reviews

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



Health
B
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. Somerville School Employees Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #3475
Year Chartered1939
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD-0.16%
Return on Equity - YTD-1.02%
Annual Interest Income$400.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$24.8MM$27.1MM
LoansQ3 2016vs Q3 2015$9.4MM$9.7MM
DepositsQ3 2016vs Q3 2015$20.7MM$23.0MM
Equity CapitalQ3 2016vs Q3 2015$4.1MM$4.1MM
Loan Loss AllowanceQ3 2016vs Q3 2015$29.00K$28.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$49.00K$32.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates
Skip to rates for:
Report an Issue

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

Somerville School Employees Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.06%--Regular Savings

Somerville School Employees Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.11%--MMDA

Somerville School Employees Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.51%--3 Year CD
0.31%--2 Year CD
0.21%--1 Year CD
0.16%--90 Day CD
0.16%--6 Month CD
Locations


Somerville School Employees Federal Credit Union Locations
Branch Office100 Highland AveSomerville, MA 02143