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Overview / Commentary
3 Fletcher Ave
Lexington, MA 02420

Lexington Ma Credit Union is headquartered in Lexington and is the 137th largest credit union in the state of Massachusetts. It is also the 4,509th largest credit union in the nation. It was established in 1961 and as of December of 2013, it had grown to 2 employees and 1,626 members. Lexington Ma Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee or retiree of the Town of Lexington or other select employer groups. - See Details

Reviews (1)

Customer Service

They put the customer back in service. They are always pleasant, attempt to help and to inform you of your financial options. It is actually a pleasure to do business with them. I always leave with a smile, even when my funds are low.


Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Lexington Ma Credit Union has a very low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Lexington Ma Credit Union had $32,000 in non-current loans and owned real-estate with $1.17 million in equity and loan loss allowances on hand to cover it. This gives Lexington Ma Credit Union a Texas Ratio of 2.74% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Lexington Ma Credit Union decreased slightly from 3.86% as of December 31, 2012 to 2.74% as of December 31, 2013, resulting in a positive change of 29.06%.This indicates that the balance sheet and financial strength for Lexington Ma Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Lexington Ma Credit Union has increased its total deposits by $552,000, resulting in 6.97% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Lexington Ma Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Lexington Ma Credit Union has $9.59 million in assets with $1.17 million in equity, resulting in a capitalization level of 12.18%, which is excellent.

Institution Statistics

NCUA #14750
Year Chartered1961
Primary Regulator
Assets and Liabilities
Assets$9.59 million
Loans$4.04 million
Deposits$8.47 million
Equity Capital$1.11 million
Loan Loss Allowance$54,000
Unbacked Noncurrent Loans$32,000
Real Estate Owned$0
Historic Data - December 2012
Assets$9.05 million
Equity Capital$1.13 million
Loan Loss Allowance$65,000
Unbacked Noncurrent Loans$32,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.98%
Return on Assets-0.13%
Return on Equity-1.08%
Interest Income$278,000
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Lexington Ma Credit Union CD Rates

0.19%$1k-12 Month Share Certificate

Lexington Ma Credit Union Locations
Branch Office3 Fletcher AveLexington, MA 02420