Community Credit Union (MA)


Overview / Commentary
781-598-0820
1 Andrew Street
Lynn, MA 01901

Community Credit Union (MA) is headquartered in Lynn and is the 47th largest credit union in the state of Massachusetts. It is also the 1,268th largest credit union in the nation. It was established in 1955 and as of September of 2019, it had grown to 32 employees and 4,762 members at 3 locations. Community Credit Union (MA) has an A health rating.

Field of Membership Restrictions

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

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Health

Health Grade Components

Overall
NCUA #67558
Year Chartered1955
Employees32
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD2.69%
Annual Interest Income$5.2MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$152.0MM$146.8MM
LoansQ3 2019vs Q3 2018$128.1MM$118.1MM
DepositsQ3 2019vs Q3 2018$121.2MM$119.0MM
Equity CapitalQ3 2019vs Q3 2018$16.6MM$16.1MM
Loan Loss AllowanceQ3 2019vs Q3 2018$340.00K$329.00K
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$338.00K$76.00K
Real Estate OwnedQ3 2019vs Q3 2018$68.00K$68.00K
Rates

Rates for Community Credit Union (MA) are currently being reviewed.

Locations


Community Credit Union (MA) Locations
Branch Office32 Central StPeabody, MA 01960
Branch Office1 Andrew StLynn, MA 01901-1101
Branch Office377 Summer StSomerville, MA 02144

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