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Shrewsbury Federal Credit Union


Overview / Commentary
www.shrewsburycu.com
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 1,210th largest credit union in the nation. It was established in 1960 and as of June of 2024, it had grown to 17 employees and 9,448 members at 1 location. Shrewsbury Federal Credit Union's CD rates are 5X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Shrewsbury Federal Credit Union is open to anyone who lives, works, attends school or worships in the Massachusetts communities of Berlin, Boylston, Clinton, Grafton, Holden, Millbury, Northborough, Shrewsbury, Sterling, Westborough, West Boylston, or Worcester.
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Health
B+

Data as of Q2 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #13601
Year Chartered1960
Employees17
Primary Regulator
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD6.7%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$217.3MM$209.2MM
LoansQ2 2024vs Q2 2023$104.1MM$101.2MM
DepositsQ2 2024vs Q2 2023$191.1MM$182.2MM
Equity CapitalQ2 2024vs Q2 2023$13.9MM$10MM
Loan Loss AllowanceQ2 2024vs Q2 2023$518K$436K
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$281K$84K
Real Estate OwnedQ2 2024vs Q2 2023$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
0.20%*$100k*-Money Market Accounts
OTHER TIERS: 0.10% → $2.5k - $50k | 0.15% → $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
4.86%$1k-9 Month Regular CD
4.86%$1k-12 Month Regular CD
4.59%$1k-18 Month Regular CD
4.07%$1k-24 Month Regular CD
3.30%$1k-36 Month Regular CD
3.04%$1k-48 Month Regular CD
3.04%$1k-60 Month Regular CD
1.00%$1k-6 Month Regular CD
0.50%$1k-3 Month Regular CD

Shrewsbury Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.86%$1k-9 Month IRA
4.86%$1k-12 Month IRA
4.59%$1k-18 Month IRA
4.07%$1k-24 Month IRA
3.30%$1k-36 Month IRA
3.04%$1k-48 Month IRA
3.04%$1k-60 Month IRA
1.00%$1k-6 Month IRA
0.50%$1k-3 Month IRA
Locations


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

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