Chelsea Employees Federal Credit Union is headquartered in Chelsea and is the 97th largest credit union in the state of Massachusetts. It is also the 3,204th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 4 employees and 2,126 members at 1 location. Chelsea Employees Federal Credit Union has a C+ health rating.
Membership in Chelsea Employees Federal Credit Union is open to employees of the City of Chelsea (Massachusetts), the Chelsea Housing Authority, or the Chelsea Restoration Corporation.
See current membership details
Overall | |
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NCUA # | 851 |
Year Chartered | 1935 |
Employees | 4 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.67% |
Return on Equity - YTD | 7.89% |
Annual Interest Income | $239K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $20.3MM$20.4MM |
Loans | Q1 2025vs Q1 2024 | $14.2MM$13.4MM |
Deposits | Q1 2025vs Q1 2024 | $18.3MM$18.8MM |
Equity Capital | Q1 2025vs Q1 2024 | $1.7MM$1.5MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $26K$19K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $47K$41K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Chelsea Employees Federal Credit Union.
Chelsea Employees Federal Credit Union Locations | ||
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Branch Office | 500 Broadway # 205 | Chelsea, MA 02150-2948 |