Umassfive College Federal Credit Union

Headquarters

Po Box 1060
Hadley, MA 01035
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 5.55% →
1-Year CD 0.35% 5.60% →
2-Year CD 0.50% 4.90% →
5-Year CD 0.70% 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Umassfive College is an NCUA insured institution located in Hadley, MA. It was founded in 1967 and has approximately $700.84 millions in assets.

Who can join?

UMassFive offers its products and services to the employees of a select group of organizations. Membership is extended to employees and students of the University of Massachusetts system, Amherst College, Hampshire College, Mount Holyoke College, and Smith College, as well as persons who belong to certain other occupational or associational groups with common values. Family/household members of eligible UMassFive members, and retired employees are also eligible. If you aren’t eligible through one of our sponsor groups, you can become a member of CISA, River Valley Market, the Leverett Village Co-op, the Old Cremaery Co-op, or the Franklin Community Co-op, or you can become a sustaining member of the UMass Alumni Association. Once you establish a membership there, you are automatically eligible for a UMassFive membership!

The definition of an Immediate Family Member is limited to spouse, child, sibling, parent, grandparent or grandchild. Step-children, step-parents, and step-siblings are also included in this definition. Household Member is defined as persons living in the same residence who maintain a single economic unit. Included in this definition is any person who is a permanent member of and participates in the maintenance of the household. It also includes two people sharing an apartment, domestic partners, or anyone who lives in the household and has demonstrated a degree of permanency. Legal guardian relationships are considered part of the household definition. However, a fraternity, sorority, or condominium complex would not be considered a single economic unit.

NCUA Insured Yes / Federally Chartered
Charter Number # # 18181
Date Established 1967
Assets $700.84 million
Loans $543.11 million
Deposits $592.55 million
Capital $61.79 million
 

Field of Membership Restrictions

Membership is open to employees and students of the University of Massachusetts system, Amherst College, Hampshire College, Mount Holyoke College, and Smith College and select employee groups.

Deposit Rates - April 24, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.03% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.35% $10,000 $14,999 Learn More
12 Mo CD
0.35% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
48 Mo CD
0.65% $10,000 $14,999 Learn More
48 Mo CD
0.65% $100,000 $199,999 Learn More
60 Mo CD
0.70% $10,000 $14,999 Learn More
60 Mo CD
0.70% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less

Loan Rates - April 24, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Umassfive College

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



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
District Lending
NMLS ID: 1835285
6.608% 6.500% 0.88 $3,600 $2,023 Learn More
Tomo Mortgage, LLC
NMLS ID: 2059741
6.894% 6.750% 0.88 $4,746 $2,076 Learn More
PenFed Credit Union
NMLS ID: 401822
6.932% 6.750% 0.88 $6,000 $2,076 Learn More
CrossCountry Mortgage
NMLS ID: 3029
7.008% 6.875% 0.88 $4,492 $2,103 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to Umassfive College
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Branches

Below are Umassfive College 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:
Columbus,Ohio


Umassfive College Locations



Climate Policy and Initiatives

UMASSFIVE COLLEGE is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Umassfive College Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Umassfive College. 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
Umassfive College U.S. Average
7.88% 6.97

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 December 31, 2023, Umassfive College had $5,027,998 in non-current loans and $113,782 in owned assets. To cover these potential losses it had $61,792,212 in net worth and $3,463,330 in loans loss reserves. That gives it a Texas Ratio of 7.88%.

Net Worth
Umassfive College U.S. Average
9.17% 13.62%

Umassfive College FCU has a net worth of 9.17% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Umassfive College

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