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SOMERVILLE SCHOOL EMPLOYEES

Somerville, MA · Federal Credit Union · Chartered in MA

Well Capitalized

Who can join

Occupational / select employee group

Charter #3475Est. 1939RSSD: 604172

Members

1,381

Net Worth Ratio

16.85%

min. 7% = Well Capitalized

Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.

At a Glance

Total Assets

$23.1M

Peer Group 3

Members

1,381

as of latest quarter

Net Worth Ratio

16.85%

Well Capitalized

Institution Profile

NCUA

Address

P.O. Box 440053, Somerville, MA 02144

Chartered

1939

Branch Locations

1 location

Membership Eligibility

Occupational / select employee group

Financial Snapshot

As of Q1 2026NCUA 5300 Call Report

Total Assets

$23.1M

Total Shares

$19.2M

Total Loans

$8.4M

Net Worth Ratio

16.85%

≥7% = Well Capitalized

Members

1,381

Delinquency Rate (60d+)

0.19%

$16K

Loan-to-share ratio: 43.6%· healthy range 60–80%

Branch Locations

NCUA

Main office

100 Highland Ave, Somerville, MA, 02143

11:30-1:00 and 2:30-4:30 M,T,W,F 11:30-1:00 and 2:30-6:00 Thursday

Main

Mortgage Lending (HMDA)

CFPB HMDA

No HMDA mortgage lending data on record for this credit union.

Consumer Complaints

CFPB / NCUA

No CFPB complaint data available for this credit union.

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Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.