Credit union
Northern Lights Federal Credit Union
Saint Johnsbury, Vermont, Caledonia County, VT
$43M in total assets and 4,067 members, the 2,541st largest of 4,298 US credit unions and 8th of 12 headquartered in Vermont.
- NCUA charter
- 24878
- Charter
- Federal
- Chartered
- 1988
- NCUA insured since
- 1976
- Field of membership
- Community credit unions
- Low-income designation
- Yes
Earlier filings under Northern Lights Credit Union (charter 68614), Northern Lights Federal Credit Union (charter 24369), before a charter conversion, are included in the history below.
At a glance
Compared with 1676 US federally insured credit unions with under $100 million in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $43M | 58% | $36M | |
| Loans | $29M | 74% | $17M | |
| Deposits (shares) | $36M | 58% | $31M | |
| Members | 4,067 | 71% | 2,822 | |
| Return on assets | 0.94% | 62% | 0.71% | |
| Net interest income to assets | 5.26% | 95% | 3.87% | |
| Efficiency ratio | 86.7% | 71% | 79.1% | |
| Net worth ratio | 14.34% | 58% | 13.50% | |
| Loans to shares | 81% | 83% | 59% | |
| Cost of deposits | 0.27% | 12% | 0.98% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 8.0% a year over 10 years and 7.8% a year over the last 5, without mergers. Membership fell 2.1% a year over 5 years, to 4,067.
Where they operate
4 branches in 4 counties.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Cheshire County, NH | 1 | 4.5% | 7 of 11 |
| Grafton County, NH | 1 | 1.9% | 12 of 16 |
| Sullivan County, NH | 1 | 6.7% | 5 of 8 |
| Caledonia County, VT | 1 | 6.2% | 5 of 8 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2017 | 2 | |
| 2018 | 4 | +2 |
| 2019 | 4 | 0 |
| 2020 | 3 | −1 |
| 2021 | 3 | 0 |
| 2022 | 3 | 0 |
| 2023 | 3 | 0 |
| 2024 | 3 | 0 |
| 2025 | 4 | +1 |
| Jun 2026 | 4 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.29% | 0.68% |
| Net worth ratio | 14.34% | 13.50% |
| Loans to shares | 81% | 59% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Vermont
Most branches in Cheshire County, NH
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.