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 1,245th largest credit union in the nation. It was established in 1960 and as of June of 2020, it had grown to 19 employees and 9,258 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
Employees19
Primary Regulator
Profit Margin
Return on Assets - YTD0.28%
Return on Equity - YTD3.63%
Annual Interest Income$2.3MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$175.7MM$153.8MM
LoansQ2 2020vs Q2 2019$84.1MM$83.1MM
DepositsQ2 2020vs Q2 2019$161.1MM$140.7MM
Equity CapitalQ2 2020vs Q2 2019$13.2MM$12.4MM
Loan Loss AllowanceQ2 2020vs Q2 2019$430.00K$371.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$15.00K$18.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates
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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
0.25%$2.5k-Money Market Accounts

Shrewsbury Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$200-Checking Account

Shrewsbury Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$1k-60 Month Regular CD
0.70%$1k-48 Month Regular CD
0.65%$1k-36 Month Regular CD
0.50%$1k-24 Month Regular CD
0.45%$1k-18 Month Regular CD
0.40%$1k-12 Month Regular CD
0.35%$1k-9 Month Regular CD
0.30%$1k-6 Month Regular CD
0.20%$1k-3 Month Regular CD

Shrewsbury Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$1k-60 Month IRA
0.70%$1k-48 Month IRA
0.65%$1k-36 Month IRA
0.50%$1k-24 Month IRA
0.45%$1k-18 Month IRA
0.40%$1k-12 Month IRA
0.35%$1k-9 Month IRA
0.30%$1k-6 Month IRA
0.20%$1k-3 Month IRA
Locations


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

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