Overview / Commentary
Vermont Federal Credit Union is headquartered in South Burlington and is the 4th largest credit union in the state of Vermont. It is also the 464th largest credit union in the nation. It was established in 1953 and as of September of 2022, it had grown to 142 employees and 49,395 members at 7 locations. Vermont Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Vermont Federal Credit Union is open to individuals who live, work, worship, or attend school in the Vermont counties of Addison, Caledonia, Chittenden, Franklin, Grand Isle, Lamoille, Orange, Orleans, or Washington. Relatives of existing members are also eligible for membership.
See current membership details
Health
A
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24405 |
| Year Chartered | 1953 |
| Employees | 142 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 16.15% |
| Annual Interest Income | $20.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $903.5MM$840.4MM |
| Loans | Q3 2022vs Q3 2021 | $638.3MM$577.7MM |
| Deposits | Q3 2022vs Q3 2021 | $832.3MM$760.0MM |
| Equity Capital | Q3 2022vs Q3 2021 | $61.0MM$70.8MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $2.7MM$2.6MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $1.1MM$675.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |