Advertising Disclosure
  1. Banks
  2. Merrimack Valley Credit Union

Merrimack Valley Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Overview / Commentary
www.mvcu.com
978-975-4095
500 Merrimack St
Lawrence, MA 01843

Merrimack Valley Credit Union is headquartered in Lawrence and is the 6th largest credit union in the state of Massachusetts. It is also the 224th largest credit union in the nation. It was established in 1955 and as of September of 2024, it had grown to 305 employees and 116,084 members at 20 locations. Merrimack Valley Credit Union's money market rates are 10X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership in Merrimack Valley Credit Union is open to those who live, worship, work, or attend school in the Massachusetts counties of Barnstable, Bristol, Essex, Middlesex, Norfolk, Plymouth, Suffolk, or Worcester; the New Hampshire counties of Hillsborough, or Rockingham; the Rhode Island counties of Kent or Providence. Membership is also open those who have a family member who qualifies for membership.
See current membership details

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #68693
Year Chartered1955
Employees305
Primary Regulator
Profit Margin
Return on Assets - YTD0.39%
Return on Equity - YTD4.35%
Annual Interest Income$75.9MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$2.19B$2.26B
LoansQ3 2024vs Q3 2023$1.58B$1.52B
DepositsQ3 2024vs Q3 2023$1.88B$2.02B
Equity CapitalQ3 2024vs Q3 2023$198.2MM$178.4MM
Loan Loss AllowanceQ3 2024vs Q3 2023$13.4MM$12.9MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$9.6MM$7MM
Real Estate OwnedQ3 2024vs Q3 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Merrimack Valley 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.

Merrimack Valley Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*$50k*-High Yield Savings
OTHER TIERS: 2.00% → $0 - $50k
1.00%*$0$25kKasasa Saver
OTHER TIERS: 0.20% → $25k+
0.20%$0-Holiday Club
0.20%$0-Vacation Club
0.20%$0-Back to School Club
0.10%$5-Main Share
0.10%$0-Share Savings
0.10%$0-IRA Savings
0.10%$0-Business Main Share

Merrimack Valley Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.39%*$1m*-Business Money Market
OTHER TIERS: 0.25% → $0 - $25k | 0.50% → $25k - $50k | 0.75% → $50k - $100k | 1.00% → $100k - $250k | 1.50% → $250k - $1m
4.39%*$1m*-Money Market Account
OTHER TIERS: 0.25% → $0 - $25k | 0.50% → $25k - $50k | 0.75% → $50k - $100k | 1.00% → $100k - $250k | 1.50% → $250k - $1m

Merrimack Valley Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*$0$10kKasasa Cash
OTHER TIERS: 0.20% → $10k+

Merrimack Valley Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.39%$250-5 Month CD Special
4.13%$500-9 Month CD
3.69%$500-12 Month CD
3.69%$50k-12 Month CD Premium
3.44%$500-18 Month CD
3.44%$50k-18 Month CD Premium
2.10%$50k-24 Month CD Premium
2.00%$500-24 Month CD
1.15%$50k-36 Month CD Premium
1.05%$500-36 Month CD
1.00%$50k-60 Month CD Premium
0.95%$50k-48 Month CD Premium
0.90%$500-60 Month CD
0.85%$500-48 Month CD
0.35%$50k-6 Month CD Premium
0.30%$500-6 Month CD
0.15%$50k-3 Month CD Premium
0.10%$500-3 Month CD

Merrimack Valley Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.39%$250-5 Month IRA Special
4.13%$500-9 Month IRA
3.69%$500-12 Month IRA
3.69%$50k-12 Month IRA Premium
3.44%$500-18 Month IRA
3.44%$50k-18 Month IRA Premium
2.10%$50k-24 Month IRA Premium
2.00%$500-24 Month IRA
1.15%$50k-36 Month IRA Premium
1.05%$500-36 Month IRA
1.00%$50k-60 Month IRA Premium
0.95%$50k-48 Month IRA Premium
0.90%$500-60 Month IRA
0.85%$500-48 Month IRA
0.35%$50k-6 Month IRA Premium
0.30%$500-6 Month IRA
0.15%$50k-3 Month IRA Premium
0.10%$500-3 Month IRA
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.