Somerville School Employees
Somerville School Employees is a credit union based in Somerville, Massachusetts, established in 1939, with $23 million in total assets serving 1,381 members. By Trust Grade it ranks 69th of 122 credit unions we track in Massachusetts. Its net worth ratio of 16.9% is stronger than 66% of similarly sized credit unions, versus a Massachusetts median of 12%. It posted a loss over the most recent period (-0.05% return on assets), a point to watch. No consumer complaints against Somerville School Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Somerville School Employees compares to Massachusetts peers
How we graded Somerville School Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.9% capital ratio)
- Unprofitable over the period (ROA -0.05%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Somerville School Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Somerville School Employees insured?
Yes. Somerville School Employees is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Somerville School Employees: frequently asked questions
Is Somerville School Employees a good credit union?
Somerville School Employees earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Strongly capitalized (16.9% capital ratio); Unprofitable over the period (ROA -0.05%).
Is Somerville School Employees NCUA-insured?
Yes. Somerville School Employees is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Somerville School Employees?
Somerville School Employees holds $23 million in total assets, ranking 69th of 122 credit unions we track in Massachusetts. It serves 1,381 members.
Does Somerville School Employees have CFPB complaints?
No CFPB complaints against Somerville School Employees appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
