Credit Unions Near Me
National Credit Union Service Organization

MEMBERS 1ST CREDIT UNION

Dec, 31, 2023 — MEMBERS 1ST CREDIT UNION is a federally insured state chartered credit union headquartered in BRATTLEBORO, VT with 2 branch locations and about $17.24 million in total assets. Opened 67 years ago in 1957, MEMBERS 1ST CREDIT UNION has about 2,097 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MEMBERS 1ST CREDIT UNION
Address:
(Main Office)
10 Browne Ct
BRATTLEBORO, VT 05301-4427
Phone:(802) 257-5131
Fax:(802) 257-5837
Website:https://www.members1cu.com
Branches:2 branch locations
Members:2,097
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63899
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1957
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$17,236,769
CEO/Manager:Evelyn M Sirois
Chairperson:TAMARA GRAY

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 987,019
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 7,963,329
 Unsecured Loans 1,691,077
 Other Loans 5,793,606
 TOTAL LOANS 15,448,012
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -102,552
 Land And Building 157,454
 Other Fixed Assets 790
 NCUSIF Deposit 145,812
 All Other Assets 0
  TOTAL ASSETS 17,236,769
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 104,605
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,340,289
 Regular shares 6,662,254
 All Other Shares & Deposits 6,154,737
  TOTAL SHARES & DEPOSITS 15,157,280
  TOTAL LIABILITIES 15,261,885
 Regular Reserve 0
 Other Reserves 288,682
 Undivided Earnings 1,686,202
  TOTAL EQUITY 1,974,884
  TOTAL LIABILITIES, SHARES, & EQUITY 17,236,769
INCOME & EXPENSE  
 Loan Income 878,065
 Investment Income 91,214
 Other Income 223,567
 Total Employee Compensation & Benefits 389,724
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 527,283
 Non-operating Income & (Expense) 6,996
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 166,423
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 251,994
↑ Back to Top

Other Credit Unions

VERMONT VA FEDERAL CREDIT UNION
PO Box 917
WHITE RIVER JUN, VT 05001
WHITE RIVER CREDIT UNION
96 N Main St
ROCHESTER, VT 05767-9704
CENTRAL VERMONT MEDICAL CENTER,INC. CREDIT UNION
130 Fisher Rd
BERLIN, VT 05602
NORTHERN LIGHTS FEDERAL CREDIT UNION
1004 Memorial Dr
SAINT JOHNSBURY, VT 05819
CREDIT UNION OF VERMONT
2 S Main St
RUTLAND, VT 05701-4262
RIVER VALLEY CREDIT UNION
PO Box 8366, 820 Putney Rd
BRATTLEBORO, VT 05304
ONE CREDIT UNION
380 RIVER ST
SPRINGFIELD, VT 05156
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION
265 S Main St
BARRE, VT 05641-4815
GREEN MOUNTAIN CREDIT UNION
1250 Shelburne Rd
SOUTH BURLINGTON, VT 05403-7783
HERITAGE FAMILY FEDERAL CREDIT UNION
26 Allen St
RUTLAND, VT 05701