SOMERVILLE SCHOOL EMPLOYEES

P.O. BOX 440053
Somerville, MA 02144

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 3475
Date Established 1939
Assets $25.95 million
Loans $7.72 million
Deposits $21.79 million
Capital $4.14 million

Somerville School Employees is an NCUA insured institution located in Somerville, MA. It was founded in 1939 and has approximately $25.95 millions in assets.

Field of Membership Restrictions

Membership is open to employees of the Somerville School Department who are paid by the city of Somerville, Massachusetts.

Deposit Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

We do not yet have rates for Somerville School Employees

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

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Note to Somerville School Employees
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There are currently no rates available for Somerville School Employees, but see these great savings and CD rates:

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Loan Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for SOMERVILLE SCHOOL EMPLOYEES

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

Note to SOMERVILLE SCHOOL EMPLOYEES
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Somerville School Employees branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Somerville School Employees Locations


Financial Details

Somerville School Employees Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Somerville School Employees. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Somerville School Employees U.S. Average
0.15% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, Somerville School Employees had $6,287 in non-current loans and $0 in owned assets. To cover these potential losses it had $4,142,860 in net worth and $22,139 in loans loss reserves. That gives it a Texas Ratio of 0.15%.

Net Worth
Somerville School Employees U.S. Average
15.96% 13.47%

Somerville School Employees FCU has a net worth of 15.96% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Somerville School Employees

Branches and Savings

What is Somerville School Employees?

A federal credit union, registered with the NCUA under certificate #3475.
Learn more about credit unions here.

Is Somerville School Employees FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Somerville School Employees?

Please see Field of Membership information above for information on who is eligible to join.

What are Somerville School Employees's share account and share certificate rates?

Somerville School Employees's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Somerville School Employees?

Somerville School Employees has total capital of $4.14 million. Full information on Somerville School Employees's financial position is located above.

Who owns Somerville School Employees?

Credit Unions are owned by their members.

Where are Somerville School Employees branches located?

See branch locations nearby.

Are Somerville School Employees ATMs Open 24/7?

Do Somerville School Employees ATMs accept cash deposits?

Can Somerville School Employees customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Somerville School Employees have a mobile app?

Does Somerville School Employees have mobile deposit?

Does Somerville School Employees have quick pay?

How can Somerville School Employees transfer money to other banks or credit unions?

Does Somerville School Employees report to credit bureaus?

Does Somerville School Employees use Chexsystems?

Does Somerville School Employees use Equifax?

What is Somerville School Employees's toll free phone number?

What is Somerville School Employees's ACH Routing Number?

What is Somerville School Employees's SWIFT code?

Where can I find Somerville School Employees's wire transfer form?

What is the Somerville School Employees address for deposits?

What Products Does Somerville School Employees Offer

Does Somerville School Employees offer mortgages?

Compare mortgage rates here.

Does Somerville School Employees offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Somerville School Employees offer auto and RV loans?

Compare auto loan rates here.

Does Somerville School Employees offer student loans or personal loans?

Compare personal loan rates here.

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