Sep, 30, 2025 — GREEN MOUNTAIN CREDIT UNION is a federally insured state chartered credit union headquartered in SOUTH BURLINGTON, VT with 5 branch locations and about $158.15 million in total assets. Opened 67 years ago in 1959, GREEN MOUNTAIN CREDIT UNION has about 9,977 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREEN MOUNTAIN CREDIT UNION |
|---|---|
| Address: (Main Office) | 1250 Shelburne Rd SOUTH BURLINGTON, VT 05403-7783 |
| Phone: | (802) 864-6892 |
| Fax: | (802) 660-9692 |
| Website: | https://www.greenmountaincu.com |
| Branches: | 5 branch locations |
| Members: | 9,977 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63859 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $158,148,333 |
| CEO/Manager: | Robert J Lake |
| Chairperson: | David J Blythe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,116,835 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 103,145,366 |
| Unsecured Loans | 7,756,062 |
| Other Loans | 27,348,443 |
| TOTAL LOANS | 138,249,870 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -791,941 |
| Land And Building | 0 |
| Other Fixed Assets | 858,046 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,150,176 |
| All Other Assets | 0 |
| TOTAL ASSETS | 158,148,333 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 725 |
| Notes & Interest Payable | 5,317,655 |
| Accounts Payable & Other Liabilities | 4,622,547 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 18,047,843 |
| Regular shares | 24,728,483 |
| All Other Shares & Deposits | 86,276,163 |
| TOTAL SHARES & DEPOSITS | 129,052,490 |
| TOTAL LIABILITIES | 138,993,417 |
| Regular Reserve | 0 |
| Other Reserves | 5,224,831 |
| Undivided Earnings | 13,930,085 |
| TOTAL EQUITY | 19,154,916 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 158,148,333 |
| INCOME & EXPENSE | |
| Loan Income | 5,520,351 |
| Investment Income | 61,707 |
| Other Income | 256,898 |
| Total Employee Compensation & Benefits | 1,867,759 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,543,755 |
| Non-operating Income & (Expense) | -18,703 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 508,461 |
| Cost of Funds | 1,896,785 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 467,395 |
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