HEALTH ALLIANCE Credit Union Profile

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HEALTH ALLIANCE

Charter #17679 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (617) 591-6709

Fax: (617) 591-6711

Founding Date: N/A

Website: http://www.myhacu.org

Personnel & Operations

President: Colbert, John

Manager: Kumpa, Jacqueline

FT Employees: 2

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 21

Branches: 1

Hours: MONDAY - FRIDAY 9:00 - 3:00PM

Credit Union Profile Summary

HEALTH ALLIANCE is a FCU Credit Union. With a total of 1,218 members [1], this institution manages approximately $6,029,732 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 14.38% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -1.31% [1].

Financial Snapshot

Total Assets [1]
$6,029,732

Total economic resources.

Total Loans [1]
$4,024,646

Total value of outstanding loans.

Total Deposits [1]
$5,124,123

Total funds deposited by members.

Members [1]
1,218

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.38%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
2.64%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
78.54%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
1.25%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-1.31%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-9.64%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

230 HIGHLAND AVE

SOMERVILLE, MA, 02143-1408

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by HEALTH ALLIANCE (Charter #17679).

Main Office

Health Alliance Federal Credit Union Main Office

Type: Corporate Office

230 Highland Ave

Somerville, MA 02143-1408

Phone: (617) 591-6709

Services: Member Services

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