Sep, 30, 2025 — NORTH COUNTRY FEDERAL CREDIT UNION is a federal credit union headquartered in S BURLINGTON, VT with 13 branch locations and about $1.09 billion in total assets. Opened 76 years ago in 1950, NORTH COUNTRY FEDERAL CREDIT UNION has about 77,144 members and employs 213 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTH COUNTRY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 69 Swift St S BURLINGTON, VT 05403 |
| Phone: | (802) 657-6847 |
| Fax: | (802) 264-6809 |
| Website: | https://www.northcountry.org |
| Branches: | 13 branch locations |
| Members: | 77,144 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24312 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,087,987,025 |
| CEO/Manager: | Robert Morgan |
| Chairperson: | Beth Chenette |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 59,790,928 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 287,500 |
| Real Estate Loans | 484,727,622 |
| Unsecured Loans | 81,996,899 |
| Other Loans | 312,672,800 |
| TOTAL LOANS | 879,468,598 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,253,379 |
| Land And Building | 11,364,499 |
| Other Fixed Assets | 2,946,721 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 8,449,488 |
| All Other Assets | 53,547 |
| TOTAL ASSETS | 1,087,987,025 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 20,000,000 |
| Accounts Payable & Other Liabilities | 5,501,398 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 183,431,233 |
| Regular shares | 257,354,803 |
| All Other Shares & Deposits | 520,054,301 |
| TOTAL SHARES & DEPOSITS | 960,840,336 |
| TOTAL LIABILITIES | 986,341,734 |
| Regular Reserve | 0 |
| Other Reserves | 1,309,908 |
| Undivided Earnings | 100,335,383 |
| TOTAL EQUITY | 101,645,291 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,087,987,025 |
| INCOME & EXPENSE | |
| Loan Income | 37,752,428 |
| Investment Income | 5,393,928 |
| Other Income | 4,158,340 |
| Total Employee Compensation & Benefits | 15,491,672 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 14,962,907 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,128,751 |
| Cost of Funds | 13,619,042 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,798,287 |
| ↑ Back to Top | |