Greater Salem Employees Federal Credit Union

Greater Salem Employees Federal Credit Union was chartered in 1940 and its charter number is 4201. Greater Salem Employees Federal Credit Union's address registered with the NCUA is 10 COLONIAL RD, SALEM, MA 01970. As of 10/19/06, Greater Salem Employees FCU reported $8,838,837 in assets. The credit union currently has 2,006 members. It's Manager/CEO is Lynn A. Hillis. Greater Salem Employees Federal Credit Union is a member of the Massachusetts Credit Union League.

 
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Greater Salem Employees Federal Credit Union Financial Evaluation
2004
Total Assets: $9,112,436.00
Total Loans: $4,201,233.00
Net Worth Ratio: 12.51
% Share Growth: -6.98
% Loan Growth: 18.07
Loans/Assets Ratio: 46.1
Loans/Assets Ratio: 46.55
Numbers of Members: 2,240
Number of Full-time Employees: 4 		 
2005
Total Assets: $8,539,578.00
Total Loans: $3,647,939.00
Net Worth Ratio: 13.67
% Share Growth: -11.09
% Loan Growth: -13.16
Loans/Assets Ratio: 42.71
Loans/Assets Ratio: 51.97
Numbers of Members: 2,161
Number of Full-time Employees: 1.5 		 
2006
Total Assets: $8,432,404.00
Total Loans: $4,018,000.00
Net Worth Ratio: 14.27
% Share Growth: 1.19
% Loan Growth: 10.14
Loans/Assets Ratio: 47.64
Loans/Assets Ratio: 47.7
Numbers of Members: 1,961
Number of Full-time Employees: 1.5 		 
 
February 11, 2012
 
 
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