Overview / Commentary
51 Willow St
Lynn, MA 01901

Massachusetts Family Credit Union is headquartered in Lynn and is the 97th largest credit union in the state of Massachusetts. It is also the 3,232nd largest credit union in the nation. It was established in 1926 and as of September of 2018, it had grown to 3 employees and 1,527 members at 1 location. Massachusetts Family Credit Union's CD rates are 2X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to postal employees in Essex, Worcester, Middlesex, and Suffolk Counties in Massachusetts.
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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. Massachusetts Family Credit Union has a low asset base.

Health Grade Components

NCUA #67714
Year Chartered1926
Primary Regulator
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD3.8%
Annual Interest Income$740.00K
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$22.6MM$23.2MM
LoansQ3 2018vs Q3 2017$17.2MM$16.7MM
DepositsQ3 2018vs Q3 2017$18.5MM$19.3MM
Equity CapitalQ3 2018vs Q3 2017$3.8MM$3.6MM
Loan Loss AllowanceQ3 2018vs Q3 2017$202.00K$203.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$75.00K$57.00K
Real Estate OwnedQ3 2018vs Q3 2017$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.

Massachusetts Family Credit Union Savings Account Rates

0.15%*$10k*-Regular Shares
OTHER TIERS: 0.10% Up to $10k

Massachusetts Family Credit Union Money Market Rates

0.76%*$50k*-Money Market
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $25k | 0.30% $25k - $50k

Massachusetts Family Credit Union Checking Account Rates

0.10%--Share Drafts

Massachusetts Family Credit Union CD Rates

3.15%--48 Month CD
3.15%--60 Month CD
3.05%--36 Month CD
2.47%--24 Month CD
2.15%--12 Month CD

Massachusetts Family Credit Union IRA Rates

3.15%--48 Month IRA
3.15%--60 Month IRA
3.05%--36 Month IRA
2.47%--24 Month IRA
2.15%--12 Month IRA

Massachusetts Family Credit Union Locations
Branch Office51 Willow stLynn, MA 01901

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