NEW ENGLAND TEAMSTERS Credit Union Profile

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NEW ENGLAND TEAMSTERS

Charter #21507 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (781) 641-6700

Fax:

Founding Date: N/A

Website: http://www.netfcu.org

Personnel & Operations

President: South, Steven

Manager: George, Kevin

FT Employees: 6

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 98

Branches: 1

Hours: 8:00 to 4:30

Credit Union Profile Summary

NEW ENGLAND TEAMSTERS is a FCU Credit Union. With a total of 4,163 members [1], this institution manages approximately $76,879,319 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.89% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -5.66% [1].

Financial Snapshot

Total Assets [1]
$76,879,319

Total economic resources.

Total Loans [1]
$27,136,997

Total value of outstanding loans.

Total Deposits [1]
$69,323,481

Total funds deposited by members.

Members [1]
4,163

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.89%

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]
0.71%

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

Loan-to-Share Ratio [1]
39.15%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 5.30%

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

Loan Growth (4Q) [1]
↓ -5.66%

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

Member Growth (4Q) [1]
↓ -14.90%

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

Headquarters Location & Map

Headquarters Address

548 Main St

Charlestown, MA, 02129-1109
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by NEW ENGLAND TEAMSTERS (Charter #21507).

Main Office

Home Office Main Office

Type: Corporate Office

1 Wall St Ste 402

Burlington, MA 01803

Phone: (781) 641-6700

Services: Member Services, ATM

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