Community Credit Union (MA) is headquartered in Lynn and is the 47th largest credit union in the state of Massachusetts. It is also the 1,405th largest credit union in the nation. It was established in 1955 and as of March of 2024, it had grown to 29 employees and 3,726 members at 3 locations. Community Credit Union (MA)'s money market rates are 11X the national average, and it has a B+ health rating.
Community Credit Union is open to anyone who lives, works, or worships in Essex County, or within a 25 mile radius of Lynn, MA. Immediate family, and businesses legally established and headquartered within 25 miles of Lynn are also eligible to join.
See current membership details
Overall | |
---|---|
NCUA # | 67558 |
Year Chartered | 1955 |
Employees | 29 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | -0.78% |
Return on Equity - YTD | -10.91% |
Annual Interest Income | $2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2024vs Q1 2023 | $167MM$157.3MM |
Loans | Q1 2024vs Q1 2023 | $117.5MM$111.2MM |
Deposits | Q1 2024vs Q1 2023 | $138.1MM$132.4MM |
Equity Capital | Q1 2024vs Q1 2023 | $11.6MM$12.1MM |
Loan Loss Allowance | Q1 2024vs Q1 2023 | $256K$418K |
Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $567K$268K |
Real Estate Owned | Q1 2024vs Q1 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Community Credit Union (MA); 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 |
---|---|---|---|---|
0.05% | $25 | - | Statement Savings Account | |
0.05% | $25 | - | Club Savings Account | |
0.05% | $25 | - | Business Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.00%* | $0 | $20k | Kasasa Cash Checking | ||
OTHER TIERS: 0.50% → $20k+ | |||||
0.02% | $15 | - | Personal NOW Account |
Community Credit Union (MA) Locations | ||
---|---|---|
Branch Office | 32 Central St | Peabody, MA 01960 |
Branch Office | 1 Andrew St | Lynn, MA 01901-1101 |
Branch Office | 377 Summer St | Somerville, MA 02144 |