Overview / Commentary
MassMutual Federal Credit Union is headquartered in Springfield and is the 34th largest credit union in the state of Massachusetts. It is also the 986th largest credit union in the nation. It was established in 1962 and as of March of 2025, it had grown to 34 employees and 13,436 members at 1 location. MassMutual Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in MassMutual Federal Credit Union open to all current employees of the MassMutual Financial Group, MassMutual Career Advisors, and others who work on MassMutual campuses. Immediate family members of current MassMutual FCU members are also eligible to join.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24566 |
| Year Chartered | 1962 |
| Employees | 34 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.27% |
| Return on Equity - YTD | 2.24% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $328.2MM$341.5MM |
| Loans | Q1 2025vs Q1 2024 | $201.2MM$200.4MM |
| Deposits | Q1 2025vs Q1 2024 | $287.8MM$302.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $38.1MM$38.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $543K$370K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.3MM$1.7MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |