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First Priority Credit Union


Overview / Commentary
www.firstprioritycu.com
617-482-4787
25 Dorchester Ave
Boston, MA 02205

First Priority Credit Union is headquartered in BOSTON and is the 55th largest credit union in the state of Massachusetts. It is also the 1,668th largest credit union in the nation. It was established in 1924 and as of June of 2023, it had grown to 28 employees and 5,831 members at 2 locations. First Priority Credit Union has an A health rating.

Field of Membership Restrictions

First Priority Credit Union is open to those who live or work in the Massachusetts counties of Essex or Suffolk, as well as 17 cities/towns in Norfolk County, or 25 cities/towns in Middlesex County. Membership is also open to employees/retirees and immediate family of the USPS and US Government located in Masschusetts.
See current membership details

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Health
A

Data as of Q2 2023

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Health Grade Components

Overall
NCUA #66593
Year Chartered1924
Employees28
Primary Regulator
Profit Margin
Return on Assets - YTD0.22%
Return on Equity - YTD1.68%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$120.8MM$124.3MM
LoansQ2 2023vs Q2 2022$86.5MM$80.8MM
DepositsQ2 2023vs Q2 2022$104.9MM$107.7MM
Equity CapitalQ2 2023vs Q2 2022$15.9MM$16.1MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$381.00K
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$321.00K$8.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0
Rates

Rates for First Priority Credit Union are currently being reviewed.

Locations


First Priority Credit Union Locations
Branch Office100 SWIFT STEAST BOSTON, MA 02128-1864
Branch Office25 DORCHESTER AVEBOSTON, MA 02205

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