Beverly Municipal Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.35%	1-year CD	12 Month Share Certificate 1.05% - Ally Bank High Yield 12-Month CD
0.10%	Savings	All Purpose Shares 1.00% - Ally Bank Online Savings Account
1.10%	3-year CD	36 Month Share Certificate 1.55% - Ally Bank High Yield 3 Year 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 123^rd largest credit union in the state of Massachusetts. It is also the 4,128^th largest credit union in the nation. It was established in 1985 and as of June of 2016, it had grown to 2 employees and 1,559 members at 1 location. Beverly Municipal Federal Credit Union has a C+ 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

C+

Data as of Q2 2016

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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	0.29%
Return on Equity - YTD	1.62%
Annual Interest Income	$179.00K

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$11.1MM$10.8MM
Loans	Q2 2016vs Q2 2015	$5.1MM$5.2MM
Deposits	Q2 2016vs Q2 2015	$9.1MM$8.8MM
Equity Capital	Q2 2016vs Q2 2015	$2.0MM$2.0MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$54.00K$54.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$294.00K$48.00K
Real Estate Owned	Q2 2016vs Q2 2015	$0$0

Rates

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Savings
CD
IRA

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Beverly Municipal Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	-	-	Regular Shares
0.10%	-	-	Christmas Clubs
0.10%	-	-	IRA Savings
0.10%	-	-	All Purpose Shares

Beverly Municipal Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.10%	$2,500	-	36 Month Share Certificate
1.10%	$250	-	36 Month Youth Savings Certificate
0.95%	$2,500	-	24 Month Share Certificate
0.95%	$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

APY	MIN	MAX	ACCOUNT NAME
1.10%	$2,500	-	36 Month IRA Share Certificate
0.95%	$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 Office	139 Cabot St	Beverly, MA 01915