Sep, 30, 2025 — HOMEFIELD CREDIT UNION is a federally insured state chartered credit union headquartered in NORTH GRAFTON, MA with 2 branch locations and about $173.31 million in total assets. Opened 60 years ago in 1966, HOMEFIELD CREDIT UNION has about 7,080 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HOMEFIELD CREDIT UNION |
|---|---|
| Address: (Main Office) | 86 Worcester St NORTH GRAFTON, MA 01536-1020 |
| Phone: | (508) 839-5493 |
| Fax: | (508) 839-5714 |
| Website: | https://www.homefieldcu.com |
| Branches: | 2 branch locations |
| Members: | 7,080 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68057 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $173,313,547 |
| CEO/Manager: | Karl Moisan |
| Chairperson: | Andrew S Nelson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,741,191 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 116,511,984 |
| Unsecured Loans | 5,415,369 |
| Other Loans | 18,042,360 |
| TOTAL LOANS | 139,969,713 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -920,122 |
| Land And Building | 1,433,955 |
| Other Fixed Assets | 188,455 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,301,779 |
| All Other Assets | 0 |
| TOTAL ASSETS | 173,313,547 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 14,525,000 |
| Accounts Payable & Other Liabilities | 1,990,114 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 29,232,957 |
| Regular shares | 48,848,791 |
| All Other Shares & Deposits | 64,837,183 |
| TOTAL SHARES & DEPOSITS | 142,918,931 |
| TOTAL LIABILITIES | 159,434,045 |
| Regular Reserve | 0 |
| Other Reserves | -3,064,804 |
| Undivided Earnings | 16,944,306 |
| TOTAL EQUITY | 13,879,502 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 173,313,547 |
| INCOME & EXPENSE | |
| Loan Income | 5,393,565 |
| Investment Income | 402,264 |
| Other Income | 190,050 |
| Total Employee Compensation & Benefits | 2,182,085 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,737,120 |
| Non-operating Income & (Expense) | 37,839 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 44,103 |
| Cost of Funds | 2,179,041 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 294,903 |
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