Chelsea Employees Federal Credit Union
Chelsea Employees Federal Credit Union is headquartered in Chelsea and is the 116th largest credit union in the state of Massachusetts. It is also the 3,948th largest credit union in the nation. It was established in 1935 and as of June of 2016, it had grown to 3 employees and 2,012 members at 1 location. Chelsea Employees Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees of the City of Chelsea, the Chelsea Housing Authority, or the Chelsea Restoration Corporation.
See current membership details
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 851 |
| Year Chartered | 1935 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.05% |
| Return on Equity - YTD | 0.49% |
| Annual Interest Income | $205.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $13.1MM$12.7MM |
| Loans | Q2 2016vs Q2 2015 | $6.6MM$7.1MM |
| Deposits | Q2 2016vs Q2 2015 | $11.9MM$11.5MM |
| Equity Capital | Q2 2016vs Q2 2015 | $1.2MM$1.3MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $15.00K$11.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $47.00K$2.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Chelsea Employees Federal 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.
Chelsea Employees Federal Credit Union Savings Account Rates
Chelsea Employees Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $300 | - | Share Draft Checking Account |
| Chelsea Employees Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 500 Broadway # 205 | Chelsea, MA 02150-2948 |