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.
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
|Return on Assets - YTD||-0.42%|
|Return on Equity - YTD||-6.26%|
|Annual Interest Income||$4.6MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$344.6MM$346.5MM|
|Loans||Q2 2022vs Q2 2021||$145.0MM$144.1MM|
|Deposits||Q2 2022vs Q2 2021||$281.4MM$258.8MM|
|Equity Capital||Q2 2022vs Q2 2021||$23.2MM$44.8MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$230.00K$500.00K|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$985.00K$1.1MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
Rates for Members Plus Credit Union are currently being reviewed.
|Members Plus Credit Union Locations|
|Branch Office||1165 Massachusetts Ave||Dorchester, MA 02125|
|Branch Office||494 Gallivan Blvd||Dorchester, MA 02124|
|Branch Office||111 LENOX ST||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|