Credit Unions Near Me
National Credit Union Service Organization

NORTHEAST CREDIT UNION

Dec, 31, 2023 — NORTHEAST CREDIT UNION is a federally insured state chartered credit union headquartered in PORTSMOUTH, NH with 21 branch locations and about $1.95 billion in total assets. Opened 88 years ago in 1936, NORTHEAST CREDIT UNION has about 154,011 members and employs 408 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 211489630
Name:NORTHEAST CREDIT UNION
Address:
(Main Office)
100 Borthwick Ave
PORTSMOUTH, NH 03801
Phone:(603) 436-1847
Fax:(603) 436-3810
Website:https://www.necu.org
Branches:21 branch locations
Members:154,011
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, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$1,947,641,077
CEO/Manager:Christopher Parker
Chairperson:Raymond L Bald

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 121,001,309
TOTAL INVESTMENTS 0
Loans Held for Sale 285,800
 
 Real Estate Loans 730,922,995
 Unsecured Loans 116,510,781
 Other Loans 776,657,132
 TOTAL LOANS 1,624,090,908
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,817,309
 Land And Building 35,513,981
 Other Fixed Assets 3,648,538
 NCUSIF Deposit 16,091,426
 All Other Assets 5,734
  TOTAL ASSETS 1,947,641,077
LIABILITIES & CAPITAL:  
 Dividends Payable 9,188
 Notes & Interest Payable 117,907,443
 Accounts Payable & Other Liabilities 25,441,029
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 407,501,334
 Regular shares 589,962,430
 All Other Shares & Deposits 614,358,911
  TOTAL SHARES & DEPOSITS 1,611,822,675
  TOTAL LIABILITIES 1,755,180,335
 Regular Reserve 0
 Other Reserves 17,785,366
 Undivided Earnings 174,675,376
  TOTAL EQUITY 192,460,742
  TOTAL LIABILITIES, SHARES, & EQUITY 1,947,641,077
INCOME & EXPENSE  
 Loan Income 73,285,554
 Investment Income 8,471,719
 Other Income 7,186,130
 Total Employee Compensation & Benefits 39,759,988
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 34,504,946
 Non-operating Income & (Expense) 31,641
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,207,894
 Cost of Funds 11,747,692
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 13,688,574
↑ Back to Top

Other Credit Unions

FREUDENBERG-NOK EMPLOYEES CREDIT UNION
PO BOX 2001
BRISTOL, NH 03222
N G M EMPLOYEES FEDERAL CREDIT UNION
55 WEST St
KEENE, NH 03431-3374
PRECISION FEDERAL CREDIT UNION
7 Optical Ave
KEENE, NH 03431-4320
N.H. COMMUNITY FEDERAL CREDIT UNION
98 Charlestown Rd
CLAREMONT, NH 03743-5615
NEW HAMPSHIRE POSTAL CREDIT UNION
955 Goffs Falls Rd
MANCHESTER, NH 03103
HOLY ROSARY CREDIT UNION
133 Brock St
ROCHESTER, NH 03867
MEMBERS FIRST CREDIT UNION OF N.H.
7 Salmon St
MANCHESTER, NH 03104-3027
NEW HAMPSHIRE FEDERAL CREDIT UNION
70 Airport Rd
CONCORD, NH 03301-5205
SERVICE CREDIT UNION
3003 LAFAYETTE RD
PORTSMOUTH, NH 03801
SERVICE CREDIT UNION
3003 Lafayette Rd
PORTSMOUTH, NH 03801