Somerville Municipal Federal Credit Union

Somerville Municipal Federal Credit Union was chartered in 1941 and its charter number is 4524. Somerville Municipal Federal Credit Union's address registered with the NCUA is 236 HOLLAND ST, SOMERVILLE, MA 02144. As of 10/24/06, Somerville Municipal FCU reported $32,535,252 in assets. The credit union currently has 3,115 members. It's Manager/CEO is Karen Mattos. Somerville Municipal Federal Credit Union is a member of the Massachusetts Credit Union League.

 
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Somerville Municipal Federal Credit Union Financial Evaluation
2004
Total Assets: $32,744,761.00
Total Loans: $15,614,268.00
Net Worth Ratio: 15.13
% Share Growth: -2.52
% Loan Growth: 3.53
Loans/Assets Ratio: 47.68
Loans/Assets Ratio: 49.44
Numbers of Members: 3,206
Number of Full-time Employees: 65
 
2005
Total Assets: $32,958,387.00
Total Loans: $15,416,185.00
Net Worth Ratio: 15.95
% Share Growth: -0.41
% Loan Growth: -1.26
Loans/Assets Ratio: 46.77
Loans/Assets Ratio: 50.59
Numbers of Members: 3,180
Number of Full-time Employees: 1.5
 
2006
Total Assets: $32,855,076.00
Total Loans: $13,166,013.00
Net Worth Ratio: 16.03
% Share Growth: -0.4
% Loan Growth: -14.59
Loans/Assets Ratio: 40.07
Loans/Assets Ratio: 57.41
Numbers of Members: 3,359
Number of Full-time Employees: 1
 
 

April 23, 2014

 
 
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