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 1,211th largest credit union in the nation. It was established in 1960 and as of March of 2024, it had grown to 15 employees and 9,385 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+

Health Grade Components

Overall
NCUA #13601
Year Chartered1960
Employees15
Primary Regulator
Profit Margin
Return on Assets - YTD0.39%
Return on Equity - YTD6.41%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$217.9MM$206.4MM
LoansQ1 2024vs Q1 2023$102.7MM$96.2MM
DepositsQ1 2024vs Q1 2023$187.3MM$185MM
Equity CapitalQ1 2024vs Q1 2023$13.1MM$9.9MM
Loan Loss AllowanceQ1 2024vs Q1 2023$478K$482K
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$117K$142K
Real Estate OwnedQ1 2024vs Q1 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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