Vermont State Employees Credit Union

Rated star_ratedstar_ratedstar_ratedstar_ratedstar_normal by Credit Guide
Review based on 12 criteria Rating: 4 out of 5

PO Box 67, Montpelier, VT 05601

Website

(802) 371-5162

Data Source: NCUA, December 31, 2016


Vermont State Employees Credit Union was founded in 1947. Headquartered in Montpelier, Vermont, Vermont State Employees Credit Union is a state chartered and federally insured credit union, being chartered in Vermont and insured through the National Credit Union Share Insurance Fund (NCUSIF). Vermont State Employees Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Vermont State Employees Credit Union services 61,383 members through its 10 offices and branches and 173 full-time and 6 part-time employees. It has $717,207,790 of total assets and $61,715,927 of net worth. Based on its asset size and net worth ratio, Vermont State Employees Credit Union is classified as a Well Capitalized large credit union.

Vermont State Employees Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Vermont State Employees Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Vermont State Employees Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Vermont and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Vermont
Median of USA
Checking
0.1000
0.0000
0.0000
Savings
1.0000
0.2000
0.1200
Money Market
0.2000
0.3500
0.2500
Certificate Deplit
1.1200
0.6700
0.5800
IRA
1.0400
0.7500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Vermont
National Median Rates
Credit Cards
7.0000
10.9000
9.9900
Unsecured Line of Credits
9.9000
11.4950
10.9500
Short-term Small Amount
n/a
NaN
25.0000
Student Loans
n/a
6.0000
6.0200
New Car Loans
3.5000
3.5000
3.3300
Used Car Loans
2.9500
3.9900
4.5000
1st Mortgage Real Estates
4.1200
4.2500
4.2500
Other Real Estates
3.2500
4.2500
4.7000

Vermont State Employees Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Vermont State Employees Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
Yes
View Account History
Yes
No

As a community financial institution, Vermont State Employees Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Bailey Ave
Main Office

1 Bailey Ave
Montpelier, VT 05602-3401
Phone:802-371-5162

Bennington
194 North St
Bennington, VT 05201-1874
Phone:802-371-5162

Berlin
365 Paine Tpke N
Berlin, VT 05602
Phone:802-371-5162

Brattleboro
499 Canal St
Brattleboro, VT 05301
Phone:802-371-5162

Burlington
86 Pearl St
Burlington, VT 05401
Phone:802-371-5162

Operations Center
1028 Us Route 2 # 302-berlin
Montpelier, VT 05602
Phone:802-371-5162

Rutland
72 Seward Rd
Rutland, VT 05701
Phone:802-371-5162

St. Johnsbury Branch Office
1036 Memorial Dr
Saint Johnsbury, VT 05819
Phone:802-371-5162

Waterbury
27 S Main St
Waterbury, VT 05676
Phone:802-371-5162

Williston
1755 Essex Rd
Williston, VT 05495
Phone:802-371-5162

(802) 223-0267

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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