SCU Credit Union


Overview / Commentary
877-661-3300
42 Pond Street
Sharon, MA 02067

SCU Credit Union is headquartered in Sharon and is the 10th largest credit union in the state of Massachusetts. It is also the 368th largest credit union in the nation. It was established in 1956 and as of June of 2024, it had grown to 155 employees and 81,651 members at 13 locations. SCU Credit Union has an A health rating.

Field of Membership Restrictions

SCU Credit Union is open to those who live, work, or go to school in Barnstable, Bristol, Duke, Middlesex, Nantucket, Norfolk, Plymouth, or Suffolk Counties and the Worcester County towns of Hopedale, Blackstone, Milford, Millville, Mendon, Northbridge, Southborough, Westborough, Upton, or Uxbridge in Massachusetts, as well as Bristol, Newport, and Providence Counties in Rhode Island. Family members of those eligible are also welcome to join.
See current membership details

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Health

Health Grade Components

Overall
NCUA #67836
Year Chartered1956
Employees155
Primary Regulator
Profit Margin
Return on Assets - YTD0.14%
Return on Equity - YTD1.21%
Annual Interest Income$24.6MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$1.27B$1.24B
LoansQ2 2024vs Q2 2023$887.8MM$867MM
DepositsQ2 2024vs Q2 2023$1.02B$1.03B
Equity CapitalQ2 2024vs Q2 2023$152.8MM$141.4MM
Loan Loss AllowanceQ2 2024vs Q2 2023$4.8MM$5.1MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$2.6MM$4MM
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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Locations

Availability



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