Fall River Municipal Credit Union

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A short history of Fall River Municipal CU

Since its inception in 1930 the Fall River Municipal Credit Union has been serving its members in the FALL RIVER, 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 Dee Hartner, the Fall River Municipal CU has grown its membership to over 12,549 with assets of more than $210,147,888. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (508) 678-9028 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 FALL RIVER, MA.

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

Charter Number 67894
Address 333 MILLIKEN BLVD 
City FALL RIVER 
State Massachusetts 
Zip-Code 02721
Phone Number (508) 678-9028
Fax Number (508) 235-2496
Email Address: none
CEO/President Dee Hartner
Members 12,549 
Full-Time Employees 44 
Part-Time Employees
Number of Branch Offices
Total Assets 210,147,888 
Website http://www.frmcu.com 

Compare Fall River Municipal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Our Lady Of The Angels CU 1208 Dwelly 1208 Dwelly St 02724 (508) 678-6391 No 1.34
Notre Dame Community CU Corporate Office 659 Eastern Ave 02723 (508) 676-1067 No 1.64
St. Anne's Of Fall River CU President Ave 1675 President Ave 02720 (508) 324-7470 No 1.96
St. Anthony Of Padua CU St. Anthony of Padua FCU 806 Bedford St 02723 (508) 674-3019 No 2.17
Santo Christo CU New Bedford Credit Union 1150 Purchase St 02740 (508) 994-6546 No 2.30

Fall River Municipal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Fall River Municipal 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 3.24 3.24 4.25 3.99
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 173 119 174 99
Rank Among All Massachusetts Credit Unions N/A 49 27 44 18

Fall River Municipal 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 0.35 1.39 1.39
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 89 105 108
Rank Among All Massachusetts Credit Unions N/A 19 17 11 10
Fall River Municipal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 8.0007634,021,889
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.2402,3667,100,152
Used Vehicle Loans 3.2405,50114,469,637
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25061285,780,981
Total Other Real Estate Loans/Lines of Credit 3.99036813,433,595
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.24087593,813
TOTAL LOANS & LEASES 9,697125,400,067

Fall River Municipal 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 35257,204,648193,878,957
    b. 15 Years or less 18517,564,2466921,000
Balloon/Hybrid
    a. > 15 years 91,409,34900
    b. 15 Years or less 243,936,00400
Other Fixed Rate 4732,1541200,000
Adjustable Rate 1 yr or less 8981,50900
Adjustable Rate > 1 yr 303,953,0713435,000

OTHER REAL ESTATE

Closed-End Fixed Rate 28010,436,229271,340,386
Closed-End Adjustable Rate 2255,57300
Open-End Adjustable Rate 672,182,523151,088,800
Open-End Fixed Rate 19559,27000
TOTALS 98099,214,576717,864,143

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

Fall River Municipal 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 Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes