SOMERVILLE MASS FIREFIGHTERS Credit Union Profile

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SOMERVILLE MASS FIREFIGHTERS

Charter #943 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (617) 625-6935

Fax: (617) 623-7385

Founding Date: N/A

Personnel & Operations

President: byrne, john

Manager: layton, kenneth

FT Employees: 0

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 06

Branches: 1

Hours: 10:00-12:00 & 1:00-3:00 TUESDAY-FRIDAY

Credit Union Profile Summary

SOMERVILLE MASS FIREFIGHTERS is a FCU Credit Union. With a total of 272 members [1], this institution manages approximately $7,689,570 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 17.82% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.28% [1].

Financial Snapshot

Total Assets [1]
$7,689,570

Total economic resources.

Total Loans [1]
$2,819,419

Total value of outstanding loans.

Total Deposits [1]
$6,311,527

Total funds deposited by members.

Members [1]
272

Number of active members.

Performance Ratios

Net Worth Ratio [1]
17.82%

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]
0.74%

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

Loan-to-Share Ratio [1]
44.67%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
2.26%

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

Loan Growth (4Q) [1]
-3.28%

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

Member Growth (4Q) [1]
0.74%

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

Headquarters Location & Map

Headquarters Address

266 BROADWAY

SOMERVILLE, MA, 02145

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 SOMERVILLE MASS FIREFIGHTERS (Charter #943).

Main Office

main office Main Office

Type: Corporate Office

266 broadway

Somerville, MA 02145

Phone: (617) 625-6935

Services: Member Services

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