Fall River Municipal Credit Union
Fall River Municipal Credit Union is headquartered in Fall River and is the 36th largest credit union in the state of Massachusetts. It is also the 1,035th largest credit union in the nation. It was established in 1930 and as of March of 2025, it had grown to 44 employees and 13,332 members at 3 locations. Fall River Municipal Credit Union has an A health rating.
Field of Membership Restrictions
Fall River Municipal Credit Union is open to those who live, work, worship, or go to school in Barnstable Bristol or Plymouth in Massachusetts, or Newport and Bristol counties in Rhode Island. Immediate family and household members are also eligible.
See current membership details
Outrageous
This bank is a nuisance. I am the proxy for my 96 yr old mother. Occasionally I have to go inside for my mother to deposit checks into her account. Every visit is a hassle. The staff fully expect a 96 yr old wheelchair bound woman who requires round the clock nurse's care to go inside and visit them. Every single time. Plus, they charge a $3 fee to receive a paper copy of her bank statement in the mail- which I don't always receive, yet the fee is always deducted. And if I need to speak with someone on the phone, there's a fee for that as well. This isn't a huge chain either. They only have 4 locations in the city. What's the excuse? After every visit I promise myself I will close the account because of the unnecessary hassle. They are unreasonable.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67894 |
| Year Chartered | 1930 |
| Employees | 44 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.38% |
| Return on Equity - YTD | -5.23% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $300.2MM$288.2MM |
| Loans | Q1 2025vs Q1 2024 | $177.7MM$179.8MM |
| Deposits | Q1 2025vs Q1 2024 | $224.6MM$203.7MM |
| Equity Capital | Q1 2025vs Q1 2024 | $21.6MM$18.5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $587K$678K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $346K$325K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |