Lynn Firemens Federal Credit Union

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12 Month Online CD

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1.50% APY

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1.20% APY

Overview / Commentary

www.lynnffcu.com

781-593-8354

30 Boston St Ste 9
Lynn, MA 01904

Lynn Firemens Federal Credit Union is headquartered in Lynn and is the 114^th largest credit union in the state of Massachusetts. It is also the 3,978^th largest credit union in the nation. It was established in 1935 and as of June of 2017, it had grown to 1,530 members at 1 location. Lynn Firemens Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to all present and past members of the Lynn Fire Department, Nahant Fire Department, or Swampscott Fire Department.
See current membership details

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Health

B

Data as of Q2 2017

Learn why bank health matters

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. Lynn Firemens Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	484
Year Chartered	1935
Employees	0
Primary Regulator

Profit Margin
Return on Assets - YTD	0.28%
Return on Equity - YTD	1.49%
Annual Interest Income	$183.00K

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$12.3MM$12.7MM
Loans	Q2 2017vs Q2 2016	$7.3MM$7.2MM
Deposits	Q2 2017vs Q2 2016	$10.0MM$10.4MM
Equity Capital	Q2 2017vs Q2 2016	$2.3MM$2.2MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$30.00K$15.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$10.00K$16.00K
Real Estate Owned	Q2 2017vs Q2 2016	$0$0

Rates

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Lynn Firemens Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%	-	-	IRA Share Account
0.10%	-	-	Regular Share Account

Lynn Firemens Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%	-	-	1 Year CD
0.30%	-	-	6 Month CD

Lynn Firemens Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%	-	-	1 Year IRA CD
0.30%	-	-	6 Month IRA CD

Locations

Lynn Firemens Federal Credit Union Locations
Branch Office	30 Boston St Ste 9	Lynn, MA 01904