Sep, 30, 2025 — NORWOOD TOWN EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Norwood, MA with 1 branch location and about $5.71 million in total assets. Opened 61 years ago in 1965, NORWOOD TOWN EMPLOYEES FEDERAL CREDIT UNION has about 778 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORWOOD TOWN EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 340 Norwood, MA 02062-4330 |
| Phone: | (781) 769-5169 |
| Fax: | (781) 769-7818 |
| Website: | https://www.norwoodecu.com |
| Branches: | 1 branch locations |
| Members: | 778 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17112 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,714,898 |
| CEO/Manager: | Gregory J Camara |
| Chairperson: | ERIC J HENRY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 973,692 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,069,086 |
| Other Loans | 1,948,465 |
| TOTAL LOANS | 3,017,551 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -31,926 |
| Land And Building | 0 |
| Other Fixed Assets | 16,586 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 42,782 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,714,898 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 4,180,879 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 4,180,879 |
| TOTAL LIABILITIES | 4,180,879 |
| Regular Reserve | 0 |
| Other Reserves | 62,176 |
| Undivided Earnings | 1,471,843 |
| TOTAL EQUITY | 1,534,019 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,714,898 |
| INCOME & EXPENSE | |
| Loan Income | 147,161 |
| Investment Income | 41,776 |
| Other Income | 5,200 |
| Total Employee Compensation & Benefits | 82,108 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 56,242 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,429 |
| Cost of Funds | 7,752 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 43,638 |
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