Overview / Commentary
Deposits held and insured by New England Federal Credit Union
Field of Membership Restrictions
Membership in Vermont State Employees Credit Union is open to anyone who lives or works in the state of Vermont, is a member of the American Consumer Council, Financial Fitness Association, or Northeast Sustainable Energy Association, or is related to a VSECU member.
See current membership details
Health
B+
Data as of Q2 2024
Data displayed below is for insuring bank: New England Federal Credit Union
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 19263 |
| Year Chartered | 1961 |
| Employees | 443 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.76% |
| Return on Equity - YTD | 6.85% |
| Annual Interest Income | $70.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $3.05B$3.02B |
| Loans | Q2 2024vs Q2 2023 | $2.43B$2.42B |
| Deposits | Q2 2024vs Q2 2023 | $2.48B$2.54B |
| Equity Capital | Q2 2024vs Q2 2023 | $338MM$313.9MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $7.5MM$7.9MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $11.1MM$7.1MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$53K |
