Overview / Commentary
781-862-9011
3 Fletcher Ave
Lexington, MA 02420

Lexington MA Federal Credit Union is headquartered in Lexington and is the 123rd largest credit union in the state of Massachusetts. It is also the 3,998th largest credit union in the nation. It was established in 1961 and as of September of 2018, it had grown to 2 employees and 1,192 members at 1 location. Lexington MA Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to employees of Town of Lexington, Arlex Oil Corporation, Minute Man Regional Vocational School, C&W Transportation, Museum of Our National Heritage, Scottish Rite Masonic, LexMedia, Busa Enterprises.
See current membership details

Reviews (1)

Customer Service

Posted by: Anonymous | Nov 16, 2011

They put the customer back in service. They are always pleasant, attempt to help and to inform you of your financial options. It is actually a pleasure to do business with them. I always leave with a smile, even when my funds are low.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Lexington MA Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #14750
Year Chartered1961
Employees2
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD2.83%
Annual Interest Income$268.00K
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$10.9MM$11.0MM
LoansQ3 2018vs Q3 2017$6.2MM$5.6MM
DepositsQ3 2018vs Q3 2017$9.7MM$9.9MM
Equity CapitalQ3 2018vs Q3 2017$1.1MM$1.1MM
Loan Loss AllowanceQ3 2018vs Q3 2017$23.00K$17.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$12.00K$5.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
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Lexington MA Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.19%$1k-12 Month Share Certificate
Locations


Lexington MA Federal Credit Union Locations
Branch Office3 Fletcher AveLexington, MA 02420

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