Institution Profile
Address: 10 Holden St, Suite 6 Malden, MA 02148
(781) 324-2241
Website:
NCUA Profile:
Charter Date:
1/1/1941
Charter Type:
Federal
Branches:
1
Branches by Region
MA 1
Financial Overview
Total Assets
$28.99M
Total Deposits
$24.02M
Total Loans
$12.33M
Members
1,554
Employees
6 4 Full-time / 2 Part-time
Allowance for Loan Losses
$81,882
Performance Ratios
Net Worth Ratio
16.92%
Loan-to-Deposit Ratio
51.32%
Coverage Ratio
0.66% Allowance / Total Loans
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +17.56% Total Deposits: +18.93% Total Loans: +3.79% since 2020 Q1
Member Growth
Member Growth
Members: -12.75% since 2020 Q1
Employee Growth
Employee Growth
Employees: +0.00% since 2020 Q1
Loan Originations
New loans granted per quarter (calculated from YTD figures)
Loans This Year (YTD)
55
Amount This Year (YTD)
$1.56M
Number of Loans per Quarter
Loans Granted: +72.73% since 2020 Q1
Loan Amount per Quarter
Amount Granted: +467.18% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
HELOCs
$6.13M 49.7%
1st Mortgages
$4.22M 34.2%
Used Vehicle
$672,457 5.5%
Credit Card
$573,052 4.6%
Other Unsecured
$382,209 3.1%
New Vehicle
$296,703 2.4%
Other Secured
$59,093 0.5%
Portfolio Distribution
Historical Data Table
| Quarter | Members | Total Assets | Total Deposits | Total Loans | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | 1,554 | $28.99M | $24.02M | $12.33M | 6 |
| 2025 Q3 | 1,561 | $28.62M | $23.70M | $12.16M | 5 |
| 2025 Q2 | 1,572 | $28.90M | $24.01M | $12.14M | 5 |
| 2025 Q1 | 1,577 | $28.32M | $23.48M | $12.21M | 5 |
| 2024 Q4 | 1,574 | $27.66M | $22.85M | $12.51M | 5 |
| 2024 Q3 | 1,583 | $26.74M | $21.95M | $12.57M | 6 |
| 2024 Q2 | 1,595 | $27.51M | $22.75M | $12.45M | 6 |
| 2024 Q1 | 1,608 | $27.37M | $22.66M | $12.16M | 4 |
| 2023 Q4 | 1,617 | $27.38M | $22.70M | $12.39M | 4 |
| 2023 Q3 | 1,636 | $25.53M | $20.88M | $12.38M | 5 |
| 2023 Q2 | 1,649 | $26.93M | $22.29M | $12.51M | 5 |
| 2023 Q1 | 1,646 | $27.56M | $22.97M | $12.38M | 5 |
| 2022 Q4 | 1,651 | $28.32M | $23.74M | $12.24M | 5 |
| 2022 Q3 | 1,663 | $28.44M | $23.88M | $11.65M | 4 |
| 2022 Q2 | 1,686 | $28.57M | $24.12M | $11.06M | 4 |
| 2022 Q1 | 1,685 | $28.25M | $23.82M | $10.59M | 4 |
| 2021 Q4 | 1,674 | $28.32M | $23.87M | $10.85M | 5 |
| 2021 Q3 | 1,709 | $27.11M | $22.65M | $11.77M | 5 |
| 2021 Q2 | 1,734 | $27.15M | $22.67M | $11.44M | 5 |
| 2021 Q1 | 1,731 | $26.65M | $22.19M | $11.41M | 5 |
| 2020 Q4 | 1,737 | $25.63M | $21.17M | $11.68M | 5 |
| 2020 Q3 | 1,759 | $24.61M | $20.13M | $10.71M | 5 |
| 2020 Q2 | 1,779 | $25.44M | $20.99M | $10.93M | 5 |
| 2020 Q1 | 1,781 | $24.66M | $20.20M | $11.88M | 6 |
Interest Rates
Current average rates by loan type
New Vehicle
5.90%
Used Vehicle
6.40%
1st Mortgage (Fixed)
5.50%
HELOC
7.00%
Credit Card
9.90%
Other Unsecured
11.00%