Arrha Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.52% | 5-year CD | |
| 1.16% | 1-year CD | |
| 0.10% | Savings | 2.20% - Barclays Online Savings Account |
Arrha Credit Union is headquartered in Springfield and is the 50th largest credit union in the state of Massachusetts. It is also the 1,331st largest credit union in the nation. It was established in 1929 and as of December of 2018, it had grown to 26 employees and 9,006 members at 3 locations. Arrha Credit Union's CD rates are 68% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Arrha CU is open to anyone, and their direct family, who holds residence or works in any of the following Massachusetts Counties; Hampden, Hampshire, or Franklin.
See current membership details
Treated Me Very Badly.
I made an inquiry a week ago, ended up playing phone tag with a man in the Hadley office, only to not hear directly back from him for days. He simply stopped trying to get ahold of me. When I tried to call him once more, I left a msg on his voicemail, only for him to return my call with an unprofessional and angry sounding msg. I did receive a letter shortly after that, but the letter had wrong information on it. If he returned my phone call and spoke to me directly, there would not have been a misunderstanding. I may or may not have gotten the outcome I would have wanted out of this new information, but it would have made me feel like I mattered. An angry and rude voicemail? Really? If I blew off ppl at my job, I would be fired. Can't treat ppl like that. Not right. As of today, it is having negative financial ramifications that are totally unfair to me as a consumer and may not be rectified.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61189 |
| Year Chartered | 1929 |
| Employees | 26 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.16% |
| Return on Equity - YTD | 1.95% |
| Annual Interest Income | $4.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $138.0MM$130.2MM |
| Loans | Q4 2018vs Q4 2017 | $94.4MM$86.3MM |
| Deposits | Q4 2018vs Q4 2017 | $109.2MM$110.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $11.0MM$10.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $362.00K$320.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $646.00K$472.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Arrha Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.30%* | $10k* | - | IRA Savings Account | ||
| OTHER TIERS: 0.15% → $25 - $2k | 0.20% → $2k - $10k | |||||
| 0.20% | $25 | - | Coverdell Education Savings Account | ||
| 0.10% | $25 | - | Savings Account | ||
| 0.10% | - | - | Club Account | ||
Arrha Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $100k* | - | Money Market Share Account | ||
| OTHER TIERS: 0.15% → Up to $2.5k | 0.20% → $2.5k - $10k | 0.25% → $10k - $25k | 0.35% → $25k - $50k | 0.40% → $50k - $100k | |||||
Arrha Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Interest Checking Account |
Arrha Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.52% | $1k | - | 5 Year Share Certificate | |
| 2.27% | $1k | - | 3 Year Share Certificate | |
| 2.01% | $1k | - | 2 Year Share Certificate | |
| 1.76% | $1k | - | 18 Month Share Certificate | |
| 1.75% | $5k | - | 15 Month Flex CD | |
| 1.51% | $1k | - | 1 Year CD Special (New Money) | |
| 1.41% | $1k | - | 4 Year Share Certificate | |
| 1.16% | $1k | - | 1 Year Share Certificate | |
| 0.55% | $1k | - | 6 Month Share Certificate | |
| 0.30% | $1k | - | 3 Month Share Certificate |
| Arrha Credit Union Locations | ||
|---|---|---|
| Branch Office | 145 Industry Ave | Springfield, MA 01104-3222 |
| Branch Office | 140 RUSSELL ST | HADLEY, MA 01035-9533 |
| Branch Office | 63 Park Ave | West Springfield, MA 01089-3303 |