NAVEO Credit Union Profile

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NAVEO

Charter #68046 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (617) 547-3144

Fax: (617) 547-3451

Founding Date: N/A

Website: http://www.naveo.org

Personnel & Operations

President: Mancini, Leontina

Manager: White, Andrea

FT Employees: 29

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 3

Hours: MONDAY 8:30 AM - 5:00 PM TUESDAY & WEDNESD

Credit Union Profile Summary

NAVEO is a FISCU Credit Union. With a total of 6,969 members [1], this institution manages approximately $178,899,986 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 8.17% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.16% [1].

Financial Snapshot

Total Assets [1]
$178,899,986

Total economic resources.

Total Loans [1]
$112,441,273

Total value of outstanding loans.

Total Deposits [1]
$151,664,472

Total funds deposited by members.

Members [1]
6,969

Number of active members.

Performance Ratios

Net Worth Ratio [1]
8.17%

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]
0.17%

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

Loan-to-Share Ratio [1]
74.14%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 0.72%

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

Loan Growth (4Q) [1]
↑ 4.16%

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

Member Growth (4Q) [1]
↓ -2.20%

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

Headquarters Location & Map

Headquarters Address

493 SOMERVILLE AVE

SOMERVILLE, MA, 02143
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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 3 branches reported by NAVEO (Charter #68046).

Main Office

Somerville Main Office

Type: Corporate Office

493 Somerville Ave

Somerville, MA 02143

Phone: (617) 547-3144

Services: Member Services, ATM

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Additional Branches

Cambridge

Cambridge

Type: Branch Office

251 Hampshire St

Cambridge, MA 02139

Phone: (617) 714-6565

Services: Member Services, ATM, Drive-Thru

Open in Directions

Lynn

River Works Credit Union

Type: Branch Office

947 Western Ave

Lynn, MA 01905

Phone: (781) 599-0096

Services: None specified

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