Rockland Federal Credit Union

Headquarters

241 Union St
Rockland, MA 02370
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 5.50% →
1-Year CD 0.80% 4.80% →
2-Year CD 1.00% 4.25% →
5-Year CD 1.00% 4.00% →
30-Year Mortgage 6.32% 4.91% →
15-Year Mortgage 6.71% 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Rockland is an NCUA insured institution located in Rockland, MA. It was founded in 1985 and has approximately $3083.26 millions in assets.

Who can join?

You may qualify and become a member of Rockland Federal Credit Union if you:

Live or work in Barnstable, Bristol, Middlesex, Norfolk, Plymouth or Suffolk Counties in Massachusetts.

Are an immediate family* member of an eligible or current member

*Immediate family includes: spouse, parent, child, sibling, grandparent or grandchild. The immediate family member need only live or work in one of the eligible counties in order for the person to join the Credit Union. It is not necessary for the eligible family member to join the Credit Union.

NCUA Insured Yes / Federally Chartered
Charter Number # # 24224
Date Established 1985
Assets $3,083.26 million
Loans $2,837.38 million
Deposits $2,713.56 million
Capital $342.03 million
 

Field of Membership Restrictions

Membership in Rockland Federal Credit Union is open to those who live or work in Barnstable, Bristol, Middlesex, Norfolk, Plymouth, or Suffolk Counties in Massachusetts, or immediate family member of those eligible.

Deposit Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.40% $10,000 $14,999 Learn More
Money Market
0.40% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.55% $10,000 $14,999 Learn More
6 Mo CD
0.55% $100,000 $199,999 Learn More
12 Mo CD
0.80% $10,000 $14,999 Learn More
12 Mo CD
0.80% $100,000 $199,999 Learn More
18 Mo CD
0.80% $10,000 $14,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
Free Checking 0.00% $0 $0.00 Learn MoreShow Less

Loan Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 6.74% 6.74% $768.96
4 Year 6.74% 6.74% $595.65
5 Year 6.74% 6.74% $491.97
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Below are Rockland branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Rockland Locations around zip code 43085




Climate Policy and Initiatives

ROCKLAND is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Rockland Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Rockland. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Rockland U.S. Average
6.19% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Rockland had $21,739,189 in non-current loans and $600,000 in owned assets. To cover these potential losses it had $342,025,107 in net worth and $19,101,375 in loans loss reserves. That gives it a Texas Ratio of 6.19%.

Net Worth
Rockland U.S. Average
11.08% 13.93%

Rockland FCU has a net worth of 11.08% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



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