Sep, 30, 2025 — ONE CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, VT with 8 branch locations and about $259.79 million in total assets. Opened 74 years ago in 1952, ONE CREDIT UNION has about 18,546 members and employs 63 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ONE CREDIT UNION |
|---|---|
| Address: (Main Office) | 380 RIVER ST SPRINGFIELD, VT 05156 |
| Phone: | (802) 886-4228 |
| Fax: | (802) 886-1268 |
| Website: | https://www.onecu.org |
| Branches: | 8 branch locations |
| Members: | 18,546 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63923 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $259,791,742 |
| CEO/Manager: | BRETT A SMITH |
| Chairperson: | Jeffrey W Taft |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,847,243 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 107,537,894 |
| Unsecured Loans | 15,613,861 |
| Other Loans | 71,841,771 |
| TOTAL LOANS | 194,993,527 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -950,000 |
| Land And Building | 7,204,300 |
| Other Fixed Assets | 773,929 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,339,419 |
| All Other Assets | 224,201 |
| TOTAL ASSETS | 259,791,742 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,519,585 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 48,334,098 |
| Regular shares | 123,405,371 |
| All Other Shares & Deposits | 69,448,628 |
| TOTAL SHARES & DEPOSITS | 241,188,097 |
| TOTAL LIABILITIES | 242,707,682 |
| Regular Reserve | 0 |
| Other Reserves | 2,295,431 |
| Undivided Earnings | 14,788,629 |
| TOTAL EQUITY | 17,084,060 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 259,791,742 |
| INCOME & EXPENSE | |
| Loan Income | 8,610,857 |
| Investment Income | 1,253,243 |
| Other Income | 1,217,412 |
| Total Employee Compensation & Benefits | 4,176,775 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,329,233 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 908,434 |
| Cost of Funds | 1,947,392 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 777,629 |
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