Rockland Federal Credit Union

Rockland Federal Credit Union was chartered in 1985 and its charter number is 24224. Rockland Federal Credit Union's address registered with the NCUA is 241 UNION STREET, ROCKLAND, MA 02370. As of 10/18/06, Rockland FCU reported $849,359,412 in assets. The credit union currently has 130,065 members. It's Manager/CEO is Thomas C. White. The credit unions website is www.rfcu.com

Rockland Federal Credit Union is a member of the Massachusetts Credit Union League.

 
Mortgage Options

Rockland Federal Credit Union offers competitive Fixed Rate First Mortgages with 10, 15, 20, 30, and 40-year terms. Rockland FCU offers a fixed rate mortgage loan which is a good choice if you want the security of knowing your rate and monthly payment will remain the same for the life of your loan. Adjustable Rate loans offer a very low rate that stays fixed for one, three, five, or seven years, then converts to an adjustable rate. RFCU also offers Fixed Rate Home Equity Loans with financing for 5, 10, or 15 year terms. Their Home Equity Line of Credit allows you to borrow from $10,000 to $150,000 to be used as needed.


Rockland Federal Credit Union Financial Evaluation
2006
Total Assets: $854,941,367.00
Total Loans: $762,466,985.00
Net Worth Ratio: 8.7
% Share Growth: 4.76
% Loan Growth: 0.32
Loans/Assets Ratio: 89.18
Loans/Assets Ratio: 8.01
Numbers of Members: 129,901
Number of Full-time Employees: 13.5
 
2005
Total Assets: $829,369,925.00
Total Loans: $760,019,087.00
Net Worth Ratio: 8.19
% Share Growth: 16.09
% Loan Growth: 15.42
Loans/Assets Ratio: 91.63
Loans/Assets Ratio: 5.16
Numbers of Members: 128,376
Number of Full-time Employees: 2.5
 
2004
Total Assets: $713,118,051.00
Total Loans: $658,427,553.00
Net Worth Ratio: 8.01
% Share Growth: 14.55
% Loan Growth: 17.61
Loans/Assets Ratio: 92.33
Loans/Assets Ratio: 4.46
Numbers of Members: 114,443
Number of Full-time Employees: 4
 
 

 
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