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Massachusetts credit unions

There are 61credit unions in Massachusetts. Combined, these Massachusettsancredit unionsemploy 4,663 people, earn more than $960 million in revenue each year, and have assets of $25 billion.
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Credit unions by major Massachusetts cities

Metro areaNonprofitsRevenues
Boston
39
$722,799,338
Springfield, MA
9
$101,385,074
Worcester
8
$71,647,513
Providence, RI
5
$63,864,610
Showing 4 of 4metros

Job trends for Massachusetts credit unions

Employees per organizationNumber of organizations
0
4
1-10
13
11-25
3
26-100
25
101 to 1,000
14
1,000+
0
Key takeaways for employment stats:

Sizes of credit unions in Massachusetts

Revenues per organizationNumber of organizations
< $250k
3
$250k to $1M
9
$1M to $5M
11
$5M to $25M
24
$25M to $100M
11
$100M+
1
Key takeaways for revenue stats:

Directory of credit unions in Massachusetts

Want to add filters to this list, or drill down on results in detail? Open in the Cause IQ search interface
1-20 of 61

The New England Automated Clearing House Association

The New England Automated Clearing House Association is a nonprofit Association that helps members originate and receive ach transactions, and provides products, services, education and marketing to increase The acceptance, use and quality of electronic t....
Revenue
$3.7m
Assets
$4.7m
Employees
18
EIN
04-2514013
IRS type
501(c)(6)

Merrimack Valley Credit Union

Member-owned financial institution in Lawrence, MA offering savings and loan products with excellent member service for 84,000 members.
Revenue
$47.0m
Assets
$1.4b
Employees
259
EIN
04-2206928
IRS type
501(c)(14)

City of Boston Credit Union

Established on November 15, 1915, City of Boston Credit Union is one of the oldest Credit Unions in the United States today. Their mission is to be the primary financial service provider for their members.
Revenue
$22.9m
Assets
$674.9m
Employees
95
EIN
04-1103180
IRS type
501(c)(14)

Sharon and Crescent United Credit Union

Our mission is to provide a full range of financial services to the members in our community at competitive rates while emphasizing financial soundness, convenience and efficient-friendly service, while maintaining a challenging, rewarding and enriching e....
Revenue
$40.0m
Assets
$1.2b
Employees
213
EIN
04-2391206
IRS type
501(c)(14)

Greater Springfield Credit Union

Member-focused financial institution in Springfield, MA providing fair rates for savings, loans and services in a friendly atmosphere.
Revenue
$6.8m
Assets
$247.2m
Employees
36
EIN
04-1859290
IRS type
501(c)(14)

Members Plus Credit Union

Members Plus Credit Union provides secure, quality, innovative, competitive and secure financial products and services to its membership. Members can enjoy dividends on their shares and loans from the credit union.
Revenue
$12.0m
Assets
$340.2m
Employees
69
EIN
04-2039851
IRS type
501(c)(14)

Community Credit Union of Lynn (CCU)

To provide the best possible service and product line to our members, and to maintain a culture among our staff, members, and the community that is satisfying and beneficial to all of us.
Revenue
$9.2m
Assets
$157.4m
Employees
42
EIN
04-2207787
IRS type
501(c)(14)

Alpha Credit Union

Alpha Credit Union is a full service, member owned financial institution whose purpose is to promote thrift and to loan money at fair and reasonable rates of interest. We are not for profit, not charity, but rather for our members' service and benefit.
Revenue
$1.5m
Assets
$36.8m
Employees
0
EIN
04-6054447
IRS type
501(c)(14)

Depositors Insurance Fund

Fund insures non-FDIC deposits, provides secured loans to member banks for temporary liquidity. Located in Woburn, MA.
Revenue
$9.5m
Assets
$518.0m
Employees
8
EIN
04-1647690
IRS type
501(c)(14)

Southbridge Credit Union (SCU)

The mission of Southbridge Credit Union is to provide Financial Products and Personalized Services that will Assist their members in Achieving their Financial Goals.
Revenue
$10.6m
Assets
$213.1m
Employees
51
EIN
04-2023790
IRS type
501(c)(14)

Premier Source Credit Union

Credit union in East Longmeadow providing thrift services, share and deposit accounts with interest, and loans at market rates.
Revenue
$3.2m
Assets
$62.2m
Employees
25
EIN
04-2444639
IRS type
501(c)(14)

Quincy Credit Union

Quincy Credit Union offers financial services including dividends, insurance, lending, and outside services to meet member needs and requirements.
Revenue
$23.3m
Assets
$710.0m
Employees
105
EIN
04-2314232
IRS type
501(c)(14)

St Mary's Credit Union

The mission of St. Mary's Credit Union is to provide our members/owners with superior financial products and services with favorable pricing delivered through attentive, convenient and cost-effective delivery channels while maintaining a strong and safe f....
Revenue
$41.1m
Assets
$995.8m
Employees
167
EIN
04-1802000
IRS type
501(c)(14)

Worcester Credit Union

Worcester Credit Union operates as a credit union without capital stock, organized and operated for mutual purposes and without profit. Lisa Perrin runs the organization from its location in Worcester, MA.
Revenue
$3.5m
Assets
$105.1m
Employees
46
EIN
04-1990205
IRS type
501(c)(14)

Homefield Credit Union

Homefield Credit Union offers deposit products and financing for home and business loans to its members in North Grafton, MA.
Revenue
$7.2m
Assets
$178.8m
Employees
41
EIN
04-2393313
IRS type
501(c)(14)

Freedom Credit Union

Freedom Credit Union provides membership value to individuals and businesses while managing a stable, community-minded financial institution through our dynamic, sincere, and helpful team. We offer various programs but they are not required.
Revenue
$34.5m
Assets
$738.4m
Employees
156
EIN
04-1961180
IRS type
501(c)(14)

Alden Credit Union

Alden Credit Union provides financial services and loans to members in Hampden and Hampshire counties of Massachusetts, with 14,183 members.
Revenue
$7.3m
Assets
$195.5m
Employees
33
EIN
04-1020315
IRS type
501(c)(14)

Arrha Credit Union

Arrha Credit Union fosters financial success by providing personalized superior products and services to its cooperative members.
Revenue
$6.0m
Assets
$138.9m
Employees
30
EIN
04-1859690
IRS type
501(c)(14)

Allcom Credit Union

Allcom Credit Union accepts deposits and grants loans to its members, with benefits paid in the form of dividends on deposit accounts. It grants consumer and mortgage loan products to members and offers debit and credit card services for member purchases.
Revenue
$3.3m
Assets
$78.7m
Employees
24
EIN
04-1163260
IRS type
501(c)(14)

Polish National Credit Union

Member-owned financial cooperative in Chicopee, MA with 44,950 deposit accounts and $567M in assets as of Dec. 31, 2021.
Revenue
$30.4m
Assets
$727.6m
Employees
159
EIN
04-1734980
IRS type
501(c)(14)
Want more insights on credit unions in Massachusetts?
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "W60: Financial Institutions, Credit Unions" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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