Billerica Municipal Employees Credit Union
Overview / Commentary
Billerica Municipal Employees Credit Union is headquartered in Billerica and is the 95th largest credit union in the state of Massachusetts. It is also the 3,112th largest credit union in the nation. It was established in 1971 and as of March of 2025, it had grown to 2 employees and 1,250 members at 1 location. Billerica Municipal Employees Credit Union has a B+ health rating.
Field of Membership Restrictions
Billerica Municipal Employees Credit Union is open to employees of the Town of Billerica, including Billerica Public School and Shawsheen Technical School.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersAdditional 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. Billerica Municipal Employees Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66336 |
| Year Chartered | 1971 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 3.21% |
| Annual Interest Income | $192K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $23.2MM$19.8MM |
| Loans | Q1 2025vs Q1 2024 | $7.2MM$6.7MM |
| Deposits | Q1 2025vs Q1 2024 | $19.2MM$15.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $4MM$3.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $31K$28K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1,000$0 |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |