Overview / Commentary
Brookline Municipal Credit Union is headquartered in BROOKLINE and is the 73rd largest credit union in the state of Massachusetts. It is also the 2,487th largest credit union in the nation. It was established in 1939 and as of December of 2024, it had grown to 5 employees and 2,517 members at 2 locations. Brookline Municipal Credit Union has a B+ health rating.
Field of Membership Restrictions
Brookline Municipal Credit Union is open to those who live or work in the Town of Brookline, Massachusetts. Current and retired employees of the Town of Brookline also qualify for membership. Family members of anyone eligible to join also qualify for membership.
See current membership details
Health
B+
Data as of Q4 2024
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. Brookline Municipal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67340 |
| Year Chartered | 1939 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.52% |
| Return on Equity - YTD | 3.92% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $46.4MM$45MM |
| Loans | Q4 2024vs Q4 2023 | $14.8MM$14.7MM |
| Deposits | Q4 2024vs Q4 2023 | $40.3MM$39.1MM |
| Equity Capital | Q4 2024vs Q4 2023 | $6.1MM$5.8MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $185K$124K |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $13K$11K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |