First Priority Credit Union is headquartered in BOSTON and is the 55th largest credit union in the state of Massachusetts. It is also the 1,630th largest credit union in the nation. It was established in 1924 and as of December of 2022, it had grown to 27 employees and 5,880 members at 2 locations. First Priority Credit Union's CD rates are 3X the national average, and it has an A health rating.
First Priority Credit Union is open to those who live or work in Essex or Suffolk counties as well as Avon, Braintree, Brooline, Canton, Cohasset, Dedham, Dover, Holbrook, Milton, Needham, Norwood, Quincy, Randolph, Stoughton, Wellesley, Westwood, and Weymouth cities in Norfolk County or Arlington, Bedford, Belmont, Billerica, Burlington, Cambridge, Everett, Lexington, Lincoln, Malden, Medford, Melrose, Newton, North Reading, Reading, and Somverville cities and Stoneham, Tewksbury, Wakefield, Waltham, Watertown, Weston, Winchester, Wilmington or Woburn towns in Middlesex County. Membership is also open to employees/retirees and immediate family of the USPS and US Government located in MA.
See current membership details
Overall | |
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NCUA # | 66593 |
Year Chartered | 1924 |
Employees | 27 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.54% |
Return on Equity - YTD | -4.26% |
Annual Interest Income | $3.7MM |
Assets and Liabilities | ||
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Assets | Q4 2022vs Q4 2021 | $125.8MM$124.6MM |
Loans | Q4 2022vs Q4 2021 | $78.4MM$81.8MM |
Deposits | Q4 2022vs Q4 2021 | $109.9MM$107.4MM |
Equity Capital | Q4 2022vs Q4 2021 | $15.8MM$17.3MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $359.00K$186.00K |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $640.00K$47.00K |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $25 | - | Share Account | |
0.05% | - | - | IRA Accumulator | |
0.05% | - | - | Secondary Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $25k* | - | Money Market Account | ||
OTHER TIERS: 0.20% → Up to $2.5k | 0.25% → $2.5k - $25k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.50% | - | $10k | Priority Checking Account |
First Priority Credit Union Locations | ||
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Branch Office | 100 SWIFT ST | EAST BOSTON, MA 02128-1864 |
Branch Office | 25 DORCHESTER AVE | BOSTON, MA 02205 |