Credit Unions Near Me
National Credit Union Service Organization

VERMONT FEDERAL CREDIT UNION

Mar, 31, 2021 — VERMONT FEDERAL CREDIT UNION is a federal credit union headquartered in BURLINGTON, VT with 7 branch locations and about $801.91 million in total assets. Opened 68 years ago in 1953, VERMONT FEDERAL CREDIT UNION has about 45,389 members and employs 137 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 211691062
Name:VERMONT FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 407
BURLINGTON, VT 05402
Phone:(888) 252-0202
Fax:(802) 658-9629
Website:http://www.vermontfederal.org
Branches:7 branch locations
Members:45,389
Credit Union Type:Federal Credit Union
Charter Number:24405
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1953
Last Audited:Mar 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$801,909,704
CEO/Manager:Jean L Giard
Chairperson:Megan T Manahan Bliss

Call Report

  • Commercial Loans
  • Credit Builder
  • Direct Financing Leases
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • First Time Homebuyer Program
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 78,215,924
TOTAL INVESTMENTS 143,716,762
Loans Held for Sale 5,849,263
 
 Real Estate Loans 356,592,951
 Unsecured Loans 46,759,066
 Other Loans 122,212,318
 TOTAL LOANS 549,228,847
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,384,387
 Land And Building 12,808,478
 Other Fixed Assets 2,583,497
 NCUSIF Deposit 5,937,020
 All Other Assets 5,954,300
  TOTAL ASSETS 801,909,704
LIABILITIES & CAPITAL:  
 Dividends Payable 4
 Notes & Interest Payable 1,709,250
 Accounts Payable & Other Liabilities 7,331,912
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 250,617,969
 Regular shares 180,101,982
 All Other Shares & Deposits 295,580,534
  TOTAL SHARES & DEPOSITS 726,300,485
  TOTAL LIABILITIES 735,341,651
 Regular Reserve 4,417,109
 Other Reserves 736,010
 Undivided Earnings 61,414,934
  TOTAL EQUITY 66,568,053
  TOTAL LIABILITIES, SHARES, & EQUITY 801,909,704
INCOME & EXPENSE  
 Loan Income 5,501,987
 Investment Income 359,458
 Other Income 486,961
 Total Employee Compensation & Benefits 3,140,643
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,376,309
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 235,276
 Cost of Funds 886,750
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,141,340
↑ Back to Top

Other Credit Unions

ST. PATRICK S PARISH CREDIT UNION
PO Box 21
FAIRFIELD, VT 05455
ORLEX GOVERNMENT EMPLOYEES CREDIT UNION
5043 US Route 5
NEWPORT, VT 05855-9843
NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION
189 E Main St Ste C
NEWPORT, VT 05855-5562
CENTRAL VERMONT MEDICAL CENTER,INC. CREDIT UNION
130 FISHER RD-BERLIN, PO BOX 547
BARRE, VT 05641
NORTHERN LIGHTS FEDERAL CREDIT UNION
1004 MEMORIAL DR
SAINT JOHNSBURY, VT 05819
OPPORTUNITIES CREDIT UNION
PO BOX 67
WINOOSKI, VT 05404
GREEN MOUNTAIN CREDIT UNION
1250 Shelburne Rd
SOUTH BURLINGTO, VT 05403-7783
WHITE RIVER CREDIT UNION
PO Box 419
ROCHESTER, VT 05767-0419
CREDIT UNION OF VERMONT
2 S Main St
RUTLAND, VT 05701-4262
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION
PO Box 745
BARRE, VT 05641