Liberty Bay Credit Union is headquartered in Braintree and is the 16th largest credit union in the state of Massachusetts. It is also the 539th largest credit union in the nation. It was established in 1917 and as of March of 2025, it had grown to 71 employees and 22,172 members at 3 locations. Liberty Bay Credit Union has an A health rating.
Field of Membership Restrictions
Liberty Bay Credit Union is open to anyone who lives, works, or goes to school in the Boston-area towns of Abington, Arlington, Avon, Bellingham, Belmont, Boston (Allston, Back Bay, Bay Village, Beacon Hill, Brighton, Charlestown, Chinatown, Dorchester, Downtown, East Boston, Fenway, Kenmore, Hyde Park, Jamaica Plain, Mattapan, Misson Hill, North End, Roslindale, Roxbury, South Boston, South End, West End, West Roxbury), Braintree, Bridgewater, Brockton, Brookline, Burlington, Cambridge, Canton, Carver, Chelsea, Cohasset, Dedham, Dover, Duxbury, East Bridgewater, Everett, Foxboro, Franklin, Halifax, Hanover, Hanson, Hingham, Holbrook, Hull, Kingston, Lexington, Malden, Marshfield, Medfield, Medford, Medway, Melrose, Millis, Milton, Needham, Newton, Norfolk, North Reading, Norwell, Norwood, Pembroke, Plainville, Plymouth, Plympton, Quincy, Randolph, Reading, Revere, Rockland, Scituate, Sharon, Somerville, Stoneham, Stoughton, Wakefield, Walpole, Waltham, Watertown, Wellesley, West Bridgewater, Weston, Westwood, Weymouth, Whitman, Wilmington, Winchester, Winthrop, Woburn, or Wrentham, Massachusetts.
See current membership details
Great Customer Service & Good Rates
I joined this credit union several months ago after a bad experience with DCU and have nothing but good things to say about them. Customer service is very responsive and helpful both on the phone and through their secure messaging system. Their fees are minimal and they offer good rates on both deposit and lending products. They're also part of the COOP branch system and the SUM ATM network, so there is plenty of ATM and deposit coverage if you aren't very close to a branch. Their web and mobile apps are simple but intuitive. The only con I can think of is that their credit cards are managed through an external website rather than their own.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67541 |
| Year Chartered | 1917 |
| Employees | 71 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.28% |
| Return on Equity - YTD | 2.17% |
| Annual Interest Income | $9.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $816.4MM$795.4MM |
| Loans | Q1 2025vs Q1 2024 | $628.4MM$615.8MM |
| Deposits | Q1 2025vs Q1 2024 | $560.9MM$538.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $105.8MM$100.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.6MM$3.4MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.5MM$1.4MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |