Shrewsbury Federal Credit Union


Overview / Commentary
508-845-6755
489 Boston Tpke
Shrewsbury, MA 01545

Shrewsbury Federal Credit Union is headquartered in SHREWSBURY and is the 43rd largest credit union in the state of Massachusetts. It is also the 1,242nd largest credit union in the nation. It was established in 1960 and as of March of 2021, it had grown to 20 employees and 9,161 members at 1 location. Shrewsbury Federal Credit Union has an A health rating.

Field of Membership Restrictions

Shrewsbury Federal Credit Union is open to anyone who lives, works, attends school or worships in the following areas: Berlin, Boylston, Clinton, Grafton, Holden, Millbury, Northborough, Shrewsbury, Sterling, Westborough, West Boylston or Worcester.
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Health

Health Grade Components

Overall
NCUA #13601
Year Chartered1960
Employees20
Primary Regulator
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD7.44%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$192.6MM$160.5MM
LoansQ1 2021vs Q1 2020$84.7MM$83.5MM
DepositsQ1 2021vs Q1 2020$178.4MM$146.7MM
Equity CapitalQ1 2021vs Q1 2020$13.3MM$13.0MM
Loan Loss AllowanceQ1 2021vs Q1 2020$456.00K$445.00K
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$126.00K$46.00K
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Shrewsbury Federal 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.

Shrewsbury Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$5-Holiday Club
0.05%$50-IRA
0.05%$50-Regular & Misc Share

Shrewsbury Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$100k*-Money Market Accounts
OTHER TIERS: 0.10% $2.5k - $50k | 0.13% $50k - $100k

Shrewsbury Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$200-Checking Account

Shrewsbury Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$1k-60 Month Regular CD
0.50%$1k-48 Month Regular CD
0.45%$1k-36 Month Regular CD
0.40%$1k-24 Month Regular CD
0.35%$1k-18 Month Regular CD
0.30%$1k-12 Month Regular CD
0.25%$1k-9 Month Regular CD
0.20%$1k-6 Month Regular CD
0.15%$1k-3 Month Regular CD

Shrewsbury Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$1k-60 Month IRA
0.50%$1k-48 Month IRA
0.45%$1k-36 Month IRA
0.40%$1k-24 Month IRA
0.35%$1k-18 Month IRA
0.30%$1k-12 Month IRA
0.25%$1k-9 Month IRA
0.20%$1k-6 Month IRA
0.15%$1k-3 Month IRA
Locations


Shrewsbury Federal Credit Union Locations
Branch Office489 BOSTON TPKESHREWSBURY, MA 01545

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