Alpha Credit Union

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A short history of Alpha CU

Since its inception in 1942 the Alpha Credit Union has been serving its members in the BOSTON, Massachusetts area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Joette DeMeo, the Alpha CU has grown its membership to over 4,710 with assets of more than $31,386,668. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (617) 632-8164 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BOSTON, MA.

General Information For Alpha CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 67872
State Massachusetts 
Zip-Code 02215
Phone Number (617) 632-8164
Fax Number (617) 632-8204
Email Address: none
CEO/President Joette DeMeo
Members 4,710 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 31,386,668 

Compare Alpha Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Northeastern University CU NORTHEASTERN UNIVERSITY FEDERAL CREDIT UNION 360 HUNTINGTON AVE RM 129 02115 (617) 373-2900 No 0.94
Symphony CU Main Office 301 Massachusetts Ave 02115 (857) 362-7328 No 1.05
Brookline Municipal CU BROOKLINE MUNICIPAL CREDIT UNION 334 WASHINGTON ST 02445 (617) 232-9410 No 1.07
Mass. Institute Of Tech. CU MIT Lincoln Laboratory Branch 244 Wood St # LINA-100 02421 (781) 981-0821 No 1.50
Cambridge Municipal Employees CU Compusource Systems, Inc. 110 John Muir Dr 14228 (800) 295-9100 No 1.51

Alpha Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Alpha Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 2.48 3.15 3.09 3.45
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 81 110 33 51
Rank Among All Massachusetts Credit Unions N/A 24 25 3 6

Alpha Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.15 0.15 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 124 324 N/A
Rank Among All Massachusetts Credit Unions N/A 19 27 61 N/A
Alpha Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 7.7107372,900,765
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.48043636,616
Used Vehicle Loans 3.1501681,750,553
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.09092,932,834
Total Other Real Estate Loans/Lines of Credit 3.450381,393,692
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.130622,925
TOTAL LOANS & LEASES 1,0019,637,385

Alpha Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 0000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 92,932,8342722,286


Closed-End Fixed Rate 26873,6834310,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 12520,009275,000
Open-End Fixed Rate 0000
TOTALS 474,326,52681,107,286


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 12520,00975,000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Alpha Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes