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 34th largest credit union in the state of Massachusetts. It is also the 934th largest credit union in the nation. It was established in 1940 and as of September of 2022, it had grown to 46 employees and 13,000 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

Health Grade Components

Overall
NCUA #66706
Year Chartered1940
Employees46
Primary Regulator
Profit Margin
Return on Assets - YTD-0.5%
Return on Equity - YTD-13.24%
Annual Interest Income$7.2MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$332.9MM$341.8MM
LoansQ3 2022vs Q3 2021$150.4MM$141.8MM
DepositsQ3 2022vs Q3 2021$269.0MM$264.4MM
Equity CapitalQ3 2022vs Q3 2021$12.9MM$43.9MM
Loan Loss AllowanceQ3 2022vs Q3 2021$310.00K$546.00K
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$943.00K$1.1MM
Real Estate OwnedQ3 2022vs Q3 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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