Featured Savings Rates
Featured Accounts

Beverly Municipal Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.50%1-year CD12 Month Share Certificate
0.10%SavingsSecondary Savings
1.50%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 123rd largest credit union in the state of Massachusetts. It is also the 4,112th largest credit union in the nation. It was established in 1985 and as of June of 2017, it had grown to 2 employees and 1,553 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

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



Health
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 - YTD0.93%
Return on Equity - YTD5.12%
Annual Interest Income$177.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$10.9MM$11.1MM
LoansQ2 2017vs Q2 2016$5.1MM$5.1MM
DepositsQ2 2017vs Q2 2016$8.9MM$9.1MM
Equity CapitalQ2 2017vs Q2 2016$2.0MM$2.0MM
Loan Loss AllowanceQ2 2017vs Q2 2016$56.00K$54.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$37.00K$294.00K
Real Estate OwnedQ2 2017vs Q2 2016$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%$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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Office139 Cabot StBeverly, MA 01915