NORTHEAST CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.necu.org for more information.
Sep, 30, 2025 — NORTHEAST CREDIT UNION is a federally insured state chartered credit union headquartered in PORTSMOUTH, NH with 20 branch locations and about $2.01 billion in total assets. Opened 90 years ago in 1936, NORTHEAST CREDIT UNION has about 147,168 members and employs 356 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHEAST CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 1240 PORTSMOUTH, NH 03802-1240 |
| Phone: | (603) 436-1847 |
| Fax: | (603) 436-3810 |
| Website: | https://www.necu.org |
| Branches: | 20 branch locations |
| Members: | 147,168 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68219 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,012,196,211 |
| CEO/Manager: | Christopher Parker |
| Chairperson: | Raymond L Bald |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 343,855,067 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 653,352,317 |
| Unsecured Loans | 94,819,341 |
| Other Loans | 708,512,027 |
| TOTAL LOANS | 1,456,683,685 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,202,490 |
| Land And Building | 30,068,061 |
| Other Fixed Assets | 4,154,095 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 17,496,169 |
| All Other Assets | 25,144 |
| TOTAL ASSETS | 2,012,196,211 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 66,034,647 |
| Accounts Payable & Other Liabilities | 29,342,360 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 428,103,961 |
| Regular shares | 686,402,888 |
| All Other Shares & Deposits | 637,211,690 |
| TOTAL SHARES & DEPOSITS | 1,751,718,539 |
| TOTAL LIABILITIES | 1,847,095,546 |
| Regular Reserve | 0 |
| Other Reserves | 9,558,294 |
| Undivided Earnings | 155,542,371 |
| TOTAL EQUITY | 165,100,665 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,012,196,211 |
| INCOME & EXPENSE | |
| Loan Income | 38,955,447 |
| Investment Income | 4,424,822 |
| Other Income | 4,954,512 |
| Total Employee Compensation & Benefits | 22,136,236 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 20,932,424 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,565,332 |
| Cost of Funds | 6,288,970 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,593,414 |
| ↑ Back to Top | |