Charter 68046 · Somerville, MA
Naveo Credit Union
Naveo Credit Union is a state-chartered credit union in Somerville, Massachusetts, with $176 million in assets and 6,645 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 8.57%, above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $176 million
- -1.5% in a year
- Members
- 6,645
- -4.6% in a year
- Net worth ratio
- 8.57%
- Peer median 11.65%
- Loans 60+ days late
- 0.39%
- Peer median 0.70%
- Loans outstanding
- $113 million
- +0.1% in a year
- Shares and deposits
- $151 million
- -0.2% in a year
- Branches
- 2
- 32 employees
- Opened
- 1928
- Massachusetts charter
How Naveo Credit Union compares
NCUA groups credit unions by size; Naveo Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 8.57% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.39%, is lower than the group median of 0.70%. Loans grew 0.1% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 45 of 121 credit unions headquartered in Massachusetts. See all Massachusetts credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $176 million | 6,645 | $113 million | 8.57% | 0.39% |
| Q1 2026 | $175 million | 6,681 | $111 million | 8.56% | 0.94% |
| Q4 2025 | $172 million | 6,701 | $109 million | 8.58% | 0.37% |
| Q3 2025 | $178 million | 6,872 | $109 million | 8.25% | 0.53% |
| Q2 2025 | $179 million | 6,969 | $112 million | 8.17% | 0.54% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 30,000 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 2 sites for Naveo Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Somerville (main office)
493 Somerville Ave, Somerville, MA 02143 - Cambridge
251 Hampshire St, Cambridge, MA 02139
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology