Members Plus Credit Union is headquartered in Medford and is the 32nd largest credit union in the state of Massachusetts. It is also the 903rd largest credit union in the nation. It was established in 1940 and as of December of 2021, it had grown to 46 employees and 12,702 members at 6 locations. Members Plus Credit Union has an A+ health rating.
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
Overall | |
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NCUA # | 66706 |
Year Chartered | 1940 |
Employees | 46 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.22% |
Return on Equity - YTD | 1.68% |
Annual Interest Income | $8.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $342.5MM$326.7MM |
Loans | Q4 2021vs Q4 2020 | $135.6MM$157.6MM |
Deposits | Q4 2021vs Q4 2020 | $267.6MM$240.2MM |
Equity Capital | Q4 2021vs Q4 2020 | $45.3MM$47.1MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $561.00K$414.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.0MM$1.4MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Members Plus Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.40%* | $25k* | - | Money Market Account | ||
OTHER TIERS: 0.20% → Up to $10k | 0.25% → $10k - $25k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | - | - | Members Plus Checking Account |
Members Plus Credit Union Locations | ||
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Branch Office | 1165 Massachusetts Ave | Dorchester, MA 02125 |
Branch Office | 494 Gallivan Blvd | Dorchester, MA 02124 |
Branch Office | 111 LENOX ST STE 111 | NORWOOD, MA 02062 |
Branch Office | 29 High St | Medford, MA 02155-3801 |
Branch Office | 650 Broadway | Everett, MA 02149 |
Branch Office | 53 COMMERCE WAY | PLYMOUTH, MA 02360 |