Featured Savings Rates
Featured Accounts

Beverly Municipal Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.35%1-year CD12 Month Share Certificate
0.10%SavingsAll Purpose Shares
1.40%3-year CD36 Month Share Certificate

Overview / Commentary
800-258-6401
139 Cabot St
Beverly, MA 01915

Beverly Municipal Federal Credit Union is headquartered in Beverly and is the 124th largest credit union in the state of Massachusetts. It is also the 4,134th largest credit union in the nation. It was established in 1985 and as of December of 2016, it had grown to 2 employees and 1,541 members at 1 location. Beverly Municipal Federal Credit Union 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

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



Health
B+
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 Chartered1985
Employees2
Primary Regulator
Profit Margin
Return on Assets - YTD-0.18%
Return on Equity - YTD-0.98%
Annual Interest Income$368.00K
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$10.8MM$10.7MM
LoansQ4 2016vs Q4 2015$5.2MM$5.0MM
DepositsQ4 2016vs Q4 2015$8.8MM$8.7MM
Equity CapitalQ4 2016vs Q4 2015$1.9MM$2.0MM
Loan Loss AllowanceQ4 2016vs Q4 2015$86.00K$51.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$48.00K$94.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Rates
Skip to rates for:
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Regular Shares
0.10%--Holiday Club
0.10%--IRA Savings
0.10%--All Purpose Shares
0.10%--Vacation Club

Beverly Municipal Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$2,500-36 Month Certificate Special (New Money Only)
1.40%$2,500-36 Month Share Certificate
1.40%$250-36 Month Youth Savings Certificate
1.35%$2,500-24 Month Certificate Special (New Money Only)
1.25%$2,500-24 Month Share Certificate
1.25%$250-24 Month Youth Savings Certificate
0.35%$1k-12 Month Share Certificate
0.35%$250-12 Month Youth Savings Certificate
0.25%$1k-6 Month Share Certificate
0.25%$250-6 Month Youth Savings Certificate

Beverly Municipal Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.40%$2,500-36 Month IRA Share Certificate
1.25%$2,500-24 Month IRA Share Certificate
0.35%$1k-12 Month IRA Share Certificate
0.25%$1k-6 Month IRA Share Certificate
Locations


Beverly Municipal Federal Credit Union Locations
Branch Office139 Cabot StBeverly, MA 01915