St. Michael’s Federal Credit Union is headquartered in Fall River and is the 63rd largest credit union in the state of Massachusetts. It is also the 1,939th largest credit union in the nation. It was established in 1953 and as of September of 2019, it had grown to 11 employees and 3,594 members at 3 locations. St. Michael’s Federal Credit Union's CD rates are 11% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
St. Michaels Federal Credit Union offers membership to individuals who live, work, worship, or attend school in the Massachusetts communities of Assonet, Berkley, Dighton, Fall River, Freetown, Lakeville, Somerset, or Swansea.
See current membership details
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Data as of Q3 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8915 |
| Year Chartered | 1953 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 12.97% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $72.7MM$68.5MM |
| Loans | Q3 2019vs Q3 2018 | $64.7MM$58.9MM |
| Deposits | Q3 2019vs Q3 2018 | $64.3MM$59.4MM |
| Equity Capital | Q3 2019vs Q3 2018 | $6.4MM$6.0MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $169.00K$168.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $553.00K$609.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not St. Michael’s 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.
St. Michael’s Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $1 | $20 | Christmas Club | |
| 0.05% | $5 | - | Regular (Shares) Savings | |
| 0.05% | $5 | - | IRA Regular Savings |
St. Michael’s Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.25%* | $2.5k* | - | Money Market Share Account | ||
| OTHER TIERS: 0.05% → Up to $2.5k | |||||
St. Michael’s Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $300 | - | Share Drafts Checking |
St. Michael’s Federal Credit Union CD Rates
St. Michael’s Federal Credit Union IRA Rates
| St. Michael’s Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 891 County St | Somerset, MA 02726-5065 |
| Branch Office | 775 Davol St | Fall River, MA 02720-1005 |
| Branch Office | 12 19th Street | Fall River, MA 02721 |