Fall River Municipal Credit Union

Overview / Commentary

www.frmcu.com

508-678-9028

333 Milliken Blvd
Fall River, MA 02721

Fall River Municipal Credit Union is headquartered in Fall River and is the 38^th largest credit union in the state of Massachusetts. It is also the 1,045^th largest credit union in the nation. It was established in 1930 and as of March of 2019, it had grown to 40 employees and 11,981 members at 5 locations. Fall River Municipal Credit Union's CD rates are 68% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Fall River Municipal Credit Union of Massachusetts is open to the residents, businesses, people that maintain employment, and the registered students in these eligible counties: Massachusetts- Bristol, Plymouth, and Barnstable, Rhode Island- Bristol and Newport, as well as the direct family and/or household members of these eligible persons.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q1 2019

Learn why bank health matters

Health Grade Components

Overall
NCUA #	67894
Year Chartered	1930
Employees	40
Primary Regulator

Profit Margin
Return on Assets - YTD	0.13%
Return on Equity - YTD	1.1%
Annual Interest Income	$1.7MM

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$209.1MM$209.1MM
Loans	Q1 2019vs Q1 2018	$124.5MM$123.5MM
Deposits	Q1 2019vs Q1 2018	$158.3MM$153.5MM
Equity Capital	Q1 2019vs Q1 2018	$23.9MM$23.1MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$887.00K$988.00K
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$540.00K$360.00K
Real Estate Owned	Q1 2019vs Q1 2018	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Fall River Municipal 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.

Fall River Municipal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%	$100	-	Traditional IRA Statement
0.30%	$100	-	Roth IRA Statement
0.30%	$100	-	ESA Statement
0.20%	$1k	-	Premium Savings
0.10%	$10	-	Savings
0.10%	$1	-	Sid Saver Savings
0.10%	$10	-	Vacation Club
0.10%	$1	-	Blue Star Savings
0.10%	$10	-	Holiday Club
0.10%	$10	-	Burial Savings Account
0.05%	-	-	Escrow Account
0.05%	$10	-	Life Savings

Fall River Municipal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.36%^*	$25k^*	-	Premium Money Market Special
OTHER TIERS: 0.05% → $10 - $2.5k \| 0.10% → $2.5k - $5k \| 0.15% → $5k - $10k \| 0.20% → $10k - $25k
0.35%^*	$100k^*	-	Money Market
OTHER TIERS: 0.05% → $10 - $2.5k \| 0.10% → $2.5k - $5k \| 0.15% → $5k - $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $100k

Fall River Municipal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%	$10	-	Premium Checking
0.05%	$10	-	Choice Checking

Fall River Municipal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.53%	$500	-	36 Month Certificate
2.53%	$500	-	30 Month Certificate
2.27%	$500	-	24 Month Certificate
2.02%	$500	-	18 Month Certificate
1.51%	$500	-	12 Month Certificate
1.40%	$500	-	60 Month Certificate
1.25%	$500	-	48 Month Certificate
0.35%	$500	-	9 Month Certificate
0.30%	$500	-	6 Month Certificate
0.20%	$500	-	3 Month Certificate

Fall River Municipal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.53%	$500	-	36 Month IRA Certificate
2.53%	$500	-	30 Month IRA Certificate
2.27%	$500	-	24 Month IRA Certificate
2.02%	$500	-	18 Month IRA Certificate
1.51%	$500	-	12 Month IRA Certificate
1.40%	$500	-	60 Month IRA Certificate
1.25%	$500	-	48 Month IRA Certificate
0.35%	$500	-	9 Month IRA Certificate
0.30%	$500	-	6 Month IRA Certificate

Locations

Fall River Municipal Credit Union Locations
Branch Office	755 Gar Hwy	SWANSEA, MA 02777
Branch Office	1110 Robeson St	Fall River, MA 02720
Branch Office	333 Milliken Blvd	Fall River, MA 02721
Branch Office	58 S Main St	Assonet, MA 02702
Branch Office	1208 Dwelly St	Fall River, MA 02724

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.