First Priority Credit Union

Overview / Commentary
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 1,677th largest credit union in the nation. It was established in 1924 and as of December of 2023, it had grown to 25 employees and 5,727 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 Grade Components

NCUA #66593
Year Chartered1924
Primary Regulator
Profit Margin
Return on Assets - YTD0.24%
Return on Equity - YTD1.81%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$119.1MM$125.8MM
LoansQ4 2023vs Q4 2022$87.1MM$78.4MM
DepositsQ4 2023vs Q4 2022$103MM$109.9MM
Equity CapitalQ4 2023vs Q4 2022$15.9MM$15.8MM
Loan Loss AllowanceQ4 2023vs Q4 2022$321K$359K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$55K$640K
Real Estate OwnedQ4 2023vs Q4 2022$0$0

Rates for First Priority Credit Union are currently being reviewed.


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

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