Massachusetts Family Credit Union

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A short history of Massachusetts Family CU

Since its inception in 1926 the Massachusetts Family Credit Union has been serving its members in the LYNN, 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 cornelius crean, the Massachusetts Family CU has grown its membership to over 1,566 with assets of more than $23,007,730. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (781) 592-6051 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LYNN, MA.

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

Charter Number 67714
Address PO BOX 615 
City LYNN 
State Massachusetts 
Zip-Code 01903
Phone Number (781) 592-6051
Fax Number (781) 592-6162
Email Address:
CEO/President cornelius crean
Members 1,566 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 23,007,730 

Compare Massachusetts Family Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Community Credit Union Of Lynn CU Lynn 1 Andrew St 01901 (781) 598-0820 No 0.02
Brotherhood CU Main/Corporate Office 75 Market St 01901 (781) 598-5555 No 0.08
Lynn Police CU Fiserv-CUSA 4897 W Lake Park Blvd 84120 (800) 568-2872 No 0.09
Lynn Municipal Employees CU Lynn City Hall 3 City Hall Sq Ste 104 01901 (781) 586-6761 No 0.16
Lynn Teachers CU MAIN OFFICE 181 UNION ST STE 206F 01901 (781) 592-4936 No 0.70

Massachusetts Family Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Massachusetts Family 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 3.99 4.99 4.25 5.50
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 279 323 174 289
Rank Among All Massachusetts Credit Unions N/A 66 68 44 51

Massachusetts Family Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.50 0.50 2.00 2.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 66 60 38 49
Rank Among All Massachusetts Credit Unions 13 6 11 1 1
Massachusetts Family Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 15.0003982,043,617
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.99043589,506
Used Vehicle Loans 4.9901171,202,139
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.250346,711,956
Total Other Real Estate Loans/Lines of Credit 5.500555,796,557
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.00015277,683
TOTAL LOANS & LEASES 66216,621,458

Massachusetts Family 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 275,653,17700
    b. 15 Years or less 6846,89800
    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 1211,88100


Closed-End Fixed Rate 555,796,5578876,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 8912,508,5138876,000


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

Massachusetts Family 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 Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes