Brotherhood Credit Union is headquartered in Lynn and is the 56th largest credit union in the state of Massachusetts. It is also the 1,666th largest credit union in the nation. It was established in 1934 and as of December of 2022, it had grown to 17 employees and 5,100 members at 2 locations. Brotherhood Credit Union's money market rates are 10X the national average, and it has an A health rating.
Brotherhood Credit Union is open to anyone who lives or works in Middlesex, Essex, Suffolk or Norfolk Counties in Massachusetts.
See current membership details
Overall | |
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NCUA # | 66350 |
Year Chartered | 1934 |
Employees | 17 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -2.09% |
Return on Equity - YTD | -5.76% |
Annual Interest Income | $2.9MM |
Assets and Liabilities | ||
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Assets | Q4 2022vs Q4 2021 | $120.7MM$116.4MM |
Loans | Q4 2022vs Q4 2021 | $66.0MM$48.0MM |
Deposits | Q4 2022vs Q4 2021 | $71.4MM$70.7MM |
Equity Capital | Q4 2022vs Q4 2021 | $43.1MM$45.6MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $12.00K$9.00K |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $29.00K$309.00K |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Brotherhood 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.05% | - | - | Statement Savings Share |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | N.O.W. Checking | |
0.05% | - | - | Senior Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | $500 | - | 30 Month IRA Certificate | |
0.35% | $2k | - | 6 Month IRA Certificate |
Brotherhood Credit Union Locations | ||
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Branch Office | 254 Humphrey St | Marblehead, MA 01945 |
Branch Office | 75 Market St | Lynn, MA 01901 |