Taunton Federal Credit Union is headquartered in Taunton and is the 30th largest credit union in the state of Massachusetts. It is also the 860th largest credit union in the nation. It was established in 1947 and as of September of 2024, it had grown to 77 employees and 20,036 members at 7 locations. Taunton Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Taunton Federal Credit Union is open to anyone who lives, works, worships, or attends school in the Massachusetts counties of Barnstable, Bristol, or Plymouth; or the Rhode Island counties of Bristol, Kent, Newport, or Providence; or the Rhode Island towns of Charlestown, Exeter, Hopkinton, Narragansett, New Shoreham, North Kingstown, Richmond, or South Kingstown. Immediate family of existing credit union members are also eligible.
See current membership details
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Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5602 |
| Year Chartered | 1947 |
| Employees | 77 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.05% |
| Return on Equity - YTD | 8.75% |
| Annual Interest Income | $14.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $390.1MM$341.1MM |
| Loans | Q3 2024vs Q3 2023 | $275.7MM$255.1MM |
| Deposits | Q3 2024vs Q3 2023 | $341.3MM$298.4MM |
| Equity Capital | Q3 2024vs Q3 2023 | $46.5MM$40.1MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $1.7MM$2MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $2MM$1.8MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |