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Brookline Municipal Credit Union


Overview / Commentary
brooklinecu.com
617-232-9410
334 Washington St
Brookline, MA 02447-0776

Brookline Municipal Credit Union is headquartered in BROOKLINE and is the 76th largest credit union in the state of Massachusetts. It is also the 2,604th largest credit union in the nation. It was established in 1939 and as of March of 2020, it had grown to 5 employees and 2,619 members at 2 locations. Brookline Municipal Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Brookline Municipal CU Is open to you and your family if you reside or work in the Town of Brookline, or if you are a current or a retired employee from servicing the Town of Brookline, as well as a current employee of the Brookline Municipal CU. Membership also extends to include 1,000 people that live beyond the town limit border.
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Health
B+

Data as of Q1 2020

Learn why bank health matters
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. Brookline Municipal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #67340
Year Chartered1939
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD0.48%
Return on Equity - YTD3.34%
Annual Interest Income$261.00K
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$39.3MM$38.1MM
LoansQ1 2020vs Q1 2019$11.4MM$12.4MM
DepositsQ1 2020vs Q1 2019$33.7MM$32.8MM
Equity CapitalQ1 2020vs Q1 2019$5.5MM$5.2MM
Loan Loss AllowanceQ1 2020vs Q1 2019$100.00K$93.00K
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$161.00K$137.00K
Real Estate OwnedQ1 2020vs Q1 2019$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Brookline Municipal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Brookline Municipal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$25-Savings
0.10%--Secondary Shares
0.10%$10-IRA Shares
0.10%--Christmas Club
0.10%--Vacation Club
0.10%--R.E. Tax Escrow

Brookline Municipal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$100k*-Money Market
OTHER TIERS: 0.10% → $25 - $2.5k | 0.20% → $2.5k - $25k | 0.30% → $25k - $50k | 0.40% → $50k - $100k

Brookline Municipal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Checking

Brookline Municipal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$1k-5 Year Certificate
1.20%$1k-4 Year Certificate
1.10%$1k-3 Year Certificate
1.00%$1k-2 Year Certificate
0.90%$1k-15 Month Certificate Special
0.85%$1k-18 Month Certificate
0.80%$1k-1 Year Certificate
0.80%$1k-9 Month Certificate Special
0.35%$1k-6 Month Certificate
0.20%$5k-91 Day Certificate

Brookline Municipal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$1k-5 Year IRA Certificate
1.20%$1k-4 Year IRA Certificate
1.10%$1k-3 Year IRA Certificate
1.00%$1k-2 Year IRA Certificate
0.85%$1k-18 Month IRA Certificate
0.80%$1k-1 Year IRA Certificate
Locations


Brookline Municipal Credit Union Locations
Branch Office334 WASHINGTON STBROOKLINE, MA 02445-6850
Branch Office1 Deaconess RdBoston, MA 02215

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