Beverly Municipal Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.50%	1-year CD	12 Month Share Certificate 1.40% - Synchrony Bank 12 Month CD
0.10%	Savings	Secondary Savings 1.20% - Synchrony Bank High Yield Savings
1.50%	3-year CD	36 Month Share Certificate 1.85% - Synchrony Bank 36 Month CD

View all Beverly Municipal Federal Credit Union rates »

Overview / Commentary

www.beverlycreditunion.com

800-258-6401

139 Cabot St
Beverly, MA 01915

Beverly Municipal Federal Credit Union is headquartered in Beverly and is the 124^th largest credit union in the state of Massachusetts. It is also the 4,136^th largest credit union in the nation. It was established in 1985 and as of March of 2017, it had grown to 2 employees and 1,551 members at 1 location. Beverly Municipal Federal Credit Union's CD rates are 11% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of the City of Beverly or the Town of Wenham.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Beverly Municipal Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	24192
Year Chartered	1985
Employees	2
Primary Regulator

Profit Margin
Return on Assets - YTD	1.03%
Return on Equity - YTD	5.69%
Annual Interest Income	$88.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$10.9MM$10.9MM
Loans	Q1 2017vs Q1 2016	$5.1MM$5.0MM
Deposits	Q1 2017vs Q1 2016	$8.9MM$8.8MM
Equity Capital	Q1 2017vs Q1 2016	$2.0MM$2.0MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$61.00K$50.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$35.00K$115.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

Skip to rates for:

Savings
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Beverly Municipal Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Beverly Municipal Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$100	-	Primary Share
0.10%	$100	-	Holiday Club
0.10%	$100	-	IRA Savings
0.10%	$100	-	Vacation Club
0.10%	$100	-	Secondary Savings

Beverly Municipal Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.60%	$5k	-	36 Month Certificate Special (New Money Only)
1.60%	$250	-	36 Month Youth Certificate Special (New Money Only)
1.50%	$1k	-	36 Month Share Certificate
1.50%	$250	-	36 Month Youth Savings Certificate
1.45%	$5k	-	24 Month Certificate Special (New Money Only)
1.45%	$250	-	24 Month Youth Certificate Special (New Money Only)
1.35%	$1k	-	24 Month Share Certificate
1.35%	$250	-	24 Month Youth Savings Certificate
1.00%	$5k	-	12 Month Certificate Special (New Money Only)
1.00%	$250	-	12 Month Youth Certificate Special (New Money Only)
0.50%	$1k	-	12 Month Share Certificate
0.50%	$250	-	12 Month Youth Savings Certificate
0.25%	$1k	-	6 Month Share Certificate
0.25%	$250	-	6 Month Youth Savings Certificate

Locations

Beverly Municipal Federal Credit Union Locations
Branch Office	139 Cabot St	Beverly, MA 01915