Featured Savings Rates
Featured Accounts

Beverly Municipal Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.51%1-year CD12 Month Share Certificate
0.10%SavingsSecondary Savings
2.33%3-year CD36 Month Share Certificate

Overview / Commentary
978-922-5254
139 Cabot St
Beverly, MA 01915

Beverly Municipal Federal Credit Union is headquartered in Beverly and is the 121st largest credit union in the state of Massachusetts. It is also the 3,997th largest credit union in the nation. It was established in 1985 and as of March of 2018, it had grown to 3 employees and 1,563 members at 1 location. Beverly Municipal Federal Credit Union's CD rates are 68% 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.
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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
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.39%
Return on Equity - YTD2.2%
Annual Interest Income$96.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$11.4MM$10.9MM
LoansQ1 2018vs Q1 2017$5.6MM$5.1MM
DepositsQ1 2018vs Q1 2017$9.4MM$8.9MM
Equity CapitalQ1 2018vs Q1 2017$2.0MM$2.0MM
Loan Loss AllowanceQ1 2018vs Q1 2017$59.00K$61.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$24.00K$35.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Beverly Municipal Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Primary Share
0.10%--Holiday Club
0.10%--Vacation Club
0.10%--Secondary Savings

Beverly Municipal Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$100k*-Money Market
OTHER TIERS: 0.10% Up to $10k | 0.25% $10k - $25k | 0.35% $25k - $50k | 0.45% $50k - $100k

Beverly Municipal Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.58%$500$250k18 Month Certificate Special (New Money Only)
2.38%$25k$250k15 Month Certificate Special (New Money Only)
2.33%*$100k*-36 Month Share Certificate
OTHER TIERS: 1.97% $500 - $25k | 2.02% $25k - $50k | 2.12% $50k - $100k
2.12%*$100k*-24 Month Share Certificate
OTHER TIERS: 1.76% $500 - $25k | 1.82% $25k - $50k | 1.92% $50k - $100k
1.51%*$100k*-12 Month Share Certificate
OTHER TIERS: 0.50% $500 - $25k | 1.00% $25k - $50k | 1.26% $50k - $100k
0.60%*$100k*-6 Month Share Certificate
OTHER TIERS: 0.25% $500 - $25k | 0.30% $25k - $50k | 0.40% $50k - $100k
Locations


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

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