Southcoast Credit Union
New Bedford, MA
$59.0M
total assets, June 30, 2026
$59.0M
total assets, June 30, 2026
Southcoast Credit Union is a federal credit union based in New Bedford, MA. As of June 30, 2026 it held $59.0 million in assets and $48.0 million in deposits; assets were down 1.7% from a year before. It has 4,298 members and 6 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$59.0M
-1.7% in a year · -2.2% in a quarter
Deposits
$48.0M
-0.1% in a year · -2.1% in a quarter
Loans
$36.6M
-3.4% in a year · -1.3% in a quarter
Profit so far
$147K
Jan 1 to Jun 30, 2026 · +47.0% in a year
Net worth ratio
12.40%
-1.05 pts in a year
Return on assets
0.50%
+0.17 pts in a year
Facts
- Type
- Federal credit union
- Head office
- 271 Union St, New Bedford, MA, 02740
- Established
- Jun 22, 1976
- Employees
- 18
- Members
- 4,298
- Branches
- 6
- Id
- cu22426
Quarter by quarter
June 30, 2002 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets is a yearly rate.
Branches
6 offices as of June 30, 2026
| County | Branches |
|---|---|
| Bristol, MA | 5 |
| Plymouth, MA | 1 |
| Office | Place |
|---|---|
| Union St (main office) | New Bedford, MA |
| ATT Site | Fairhaven, MA |
| Charlton Memorial Hospital | Fall River, MA |
| Acushnet Ave | New Bedford, MA |
| St Luke's Hospital | New Bedford, MA |
| Tobey Hospital | Wareham, MA |
Related pages
Questions and answers
How big is Southcoast Credit Union?
$59.0 million in total assets and $48.0 million in deposits as of June 30, 2026, with assets down 1.7% from a year before. Its loans were $36.6 million.
How many branches does Southcoast Credit Union have?
6 branches in Massachusetts as of June 30, 2026.
How many members does Southcoast Credit Union have?
4,298 members as of June 30, 2026, down 2.4% from a year before.
Is Southcoast Credit Union profitable?
Yes: it earned $147,313 from January 1 to June 30, 2026 (up 47.0% from the same months a year before). Its return on assets was 0.50% a year; about 1% is typical.
Official public data from the reports every insured credit union files each quarter. Profit so far runs from January 1 to the quarter end. Credit union branch lists have no deposits or map positions. New quarters appear about two months after the quarter ends.