Members Plus Credit Union


Overview / Commentary
781-905-1500
29 High St
Medford, MA 02155

Members Plus Credit Union is headquartered in Medford and is the 32nd largest credit union in the state of Massachusetts. It is also the 913th largest credit union in the nation. It was established in 1940 and as of June of 2022, it had grown to 47 employees and 12,920 members at 6 locations. Members Plus Credit Union has a B+ health rating.

Field of Membership Restrictions

Members Plus Credit Union is open to those who live or work in Essex, Norfolk, Middlesex, Suffolk, or Plymouth Counties in Massachusetts. Membership is also open to employees and retirees of the Eversource Companies, Exelon and Entergy.
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #66706
Year Chartered1940
Employees47
Primary Regulator
Profit Margin
Return on Assets - YTD-0.42%
Return on Equity - YTD-6.26%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$344.6MM$346.5MM
LoansQ2 2022vs Q2 2021$145.0MM$144.1MM
DepositsQ2 2022vs Q2 2021$281.4MM$258.8MM
Equity CapitalQ2 2022vs Q2 2021$23.2MM$44.8MM
Loan Loss AllowanceQ2 2022vs Q2 2021$230.00K$500.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$985.00K$1.1MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Members Plus Credit Union are currently being reviewed.

Locations


Members Plus Credit Union Locations
Branch Office1165 Massachusetts AveDorchester, MA 02125
Branch Office494 Gallivan BlvdDorchester, MA 02124
Branch Office111 LENOX STNORWOOD, MA 02062
Branch Office29 High StMedford, MA 02155-3801
Branch Office650 BroadwayEverett, MA 02149
Branch Office53 COMMERCE WAYPLYMOUTH, MA 02360

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