BELMONT MUNICIPAL Credit Union Profile

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BELMONT MUNICIPAL

Charter #4192 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (617) 993-2790

Fax: (617) 993-2601

Founding Date: N/A

Personnel & Operations

President: Santoro, Michael

Manager: Steeves, John

FT Employees: 1

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 06

Branches: 1

Hours: MONDAY THROUGH FRIDAY 7:30AM TO 1:00PM

Credit Union Profile Summary

BELMONT MUNICIPAL is a FCU Credit Union. With a total of 389 members [1], this institution manages approximately $3,709,182 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 21.87% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -1.13% [1].

Financial Snapshot

Total Assets [1]
$3,709,182

Total economic resources.

Total Loans [1]
$2,697,607

Total value of outstanding loans.

Total Deposits [1]
$2,879,755

Total funds deposited by members.

Members [1]
389

Number of active members.

Performance Ratios

Net Worth Ratio [1]
21.87%

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]
0.83%

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

Loan-to-Share Ratio [1]
93.67%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-7.36%

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

Loan Growth (4Q) [1]
-1.13%

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

Member Growth (4Q) [1]
-3.23%

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

Headquarters Location & Map

Headquarters Address

455 CONCORD AVE

BELMONT, MA, 02478

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 BELMONT MUNICIPAL (Charter #4192).

Main Office

Main Branch Office Main Office

Type: Corporate Office

455 Concord Ave

Belmont, MA 02478

Phone: (617) 993-2790

Services: Member Services

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