SOMERSET
Somerset, MA · Federal Credit Union · Chartered in MA
Who can join
Employer / occupational group
Members
11,688
Net Worth Ratio
12.40%
min. 7% = Well Capitalized
Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.
At a Glance
Total Assets
$261.9M
Peer Group 5
Members
11,688
as of latest quarter
Net Worth Ratio
12.40%
Well Capitalized
Institution Profile
NCUAWebsite
Phone
Address
Chartered
Branch Locations
Membership Eligibility
Financial Snapshot
Total Assets
$261.9M
Total Shares
$231.7M
Total Loans
$170.8M
Net Income
$431K
Net Worth Ratio
12.40%
≥7% = Well Capitalized
Members
11,688
Return on Assets
0.16%
annualized · >0.5% healthy
Delinquency Rate (60d+)
0.07%
$112K
Loan-to-share ratio: 73.7%· healthy range 60–80%
Branch Locations
NCUASomerset Federal Credit Union
740 County St, Somerset, MA, 02726
Monday - Wednesday 9:00 AM To 4:00 PM Thursday 9:00 AM to 7:00 PM Friday 9:00 AM to 6:00 PM Saturday 9:00 AM to 12:00 PM
Swansea Branch
1723 GAR HWY, Swansea, MA, 02777
M-W 8-4 T-F 8-6 Sat 8-12
Mortgage Lending (HMDA)
Credit unions that originate mortgages report Home Mortgage Disclosure Act (HMDA) data to the CFPB. This data covers application volumes, approvals, denials, and borrower demographics.
Consumer Complaints
No CFPB complaint data available for this credit union.
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<a href="https://bankscorer.com/credit-union/somerset" target="_blank" rel="noopener">View SOMERSET on Bank Scorer</a>Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.