Billerica Municipal Employees Credit Union

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A short history of Billerica Municipal Employees CU

Since its inception in 1971 the Billerica Municipal Employees Credit Union has been serving its members in the BILLERICA, 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 Joyce MacMillan, the Billerica Municipal Employees CU has grown its membership to over 1,239 with assets of more than $14,769,661. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (978) 667-2434 or email them at bme.cu@verizon.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BILLERICA, MA.

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

Charter Number 66336
Address 365 BOSTON RD 
City BILLERICA 
State Massachusetts 
Zip-Code 01821
Phone Number (978) 667-2434
Fax Number (978) 670-6062
Email Address: bme.cu@verizon.net
CEO/President Joyce MacMillan
Members 1,239 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 14,769,661 
Website http://www.billericamecu.com 

Compare Billerica Municipal Employees Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Bedford Va CU Bedford VA Federal Credit Union 200 Springs Rd 01730 (781) 687-2446 No 2.69
Burlington Municipal Employees CU Burlington MEFCU 7 Bedford St 01803 (781) 272-2046 No 4.39
Tewksbury CU Main Office 752 Main St 01876 (978) 851-9750 No 4.65
Lowell Firefighters CU Lowell Firefighters Credit Union 642 Chelmsford St 01851 (978) 453-2734 No 6.12
Hanscom CU Jamaica Plain 150 S Huntington Ave 02130 (857) 364-5820 No 6.78

Billerica Municipal Employees Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Billerica Municipal Employees 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 2.49 2.85 3.92 N/A
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 83 78 129 N/A
Rank Among All Massachusetts Credit Unions N/A 25 16 30 N/A

Billerica Municipal Employees Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.25 0.25 0.67 0.25
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 95 105 231 266
Rank Among All Massachusetts Credit Unions N/A 12 23 45 51
Billerica Municipal Employees Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 11.910124454,852
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.49044755,838
Used Vehicle Loans 2.85052509,095
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.92091,402,125
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.79026278,737
TOTAL LOANS & LEASES 2553,400,647

Billerica Municipal Employees Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 6863,69900
    b. 15 Years or less 3538,4262343,000
Balloon/Hybrid
    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 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 91,402,1252343,000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Billerica Municipal Employees 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 No
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes