I-C Credit Union Profile

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I-C

Charter #24250 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (978) 343-3725

Fax: (978) 348-1457

Founding Date: N/A

Website: http://www.iccreditunion.org

Personnel & Operations

President: Houle, Ernest

Manager: Hendry, Christopher

FT Employees: 109

PT Employees: 7

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 7

Hours: MON, TUE, WED, FRI 9-4:30PM; THU 9-6PM; SAT

Credit Union Profile Summary

I-C is a FCU Credit Union. With a total of 36,037 members [1], this institution manages approximately $527,041,345 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.73% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -16.19% [1].

Financial Snapshot

Total Assets [1]
$527,041,345

Total economic resources.

Total Loans [1]
$390,889,790

Total value of outstanding loans.

Total Deposits [1]
$489,857,441

Total funds deposited by members.

Members [1]
36,037

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.73%

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]
-0.55%

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

Loan-to-Share Ratio [1]
79.80%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-13.46%

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

Loan Growth (4Q) [1]
-16.19%

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

Member Growth (4Q) [1]
0.00%

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

Headquarters Location & Map

Headquarters Address

300 BEMIS RD

FITCHBURG, MA, 01420

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 8 branches reported by I-C (Charter #24250).

Main Office

Main Office Main Office

Type: Corporate Office

300 Bemis Rd

Fitchburg, MA 01420

Phone: (978) 343-3725

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Ayer

Ayer

Type: Branch Office

72 Park St

Ayer, MA 01432

Phone: (978) 772-5993

Services: Member Services, ATM, Drive-Thru

Open in Directions

Fitchburg

Electric Ave

Type: Branch Office

520 Electric Ave

Fitchburg, MA 01420

Phone: (978) 345-0607

Services: Member Services, ATM, Drive-Thru

Open in Directions

Whalon Street - Call Center

Type: Branch Office

67 Whalon St

Fitchburg, MA 01420

Phone: (978) 353-2671

Services: Member Services

Open in Directions

Leominster

Mechanic Street

Type: Branch Office

400 Mechanic St

Leominster, MA 01453

Phone: (978) 537-4855

Services: Member Services, ATM, Drive-Thru

Open in Directions

Marlborough

Marlborough

Type: Branch Office

160 Apex Dr Ste A

Marlborough, MA 01752

Phone: (978) 343-3725

Services: Member Services, ATM, Drive-Thru

Open in Directions

Westminster

Westminster

Type: Branch Office

71 Main St

Westminster, MA 01473

Phone: (978) 874-1676

Services: Member Services, ATM, Drive-Thru

Open in Directions

Worcester

Worcester

Type: Branch Office

947 W Boylston St

Worcester, MA 01606-1275

Phone: (978) 343-3725

Services: Member Services, ATM, Drive-Thru

Open in Directions