Massmutual Federal Credit Union

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A short history of Massmutual FCU

Since its inception in 1962 the Massmutual Federal Credit Union has been serving its members in the Springfield, 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 David Plantier, the Massmutual FCU has grown its membership to over 12,540 with assets of more than $245,019,438. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (413) 744-3431 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 Springfield, MA.

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

Charter Number 24566
Address 1295 State St 
City Springfield 
State Massachusetts 
Zip-Code 01111
Phone Number (413) 744-3431
Fax Number (413) 226-4359
Email Address:
CEO/President David Plantier
Members 12,540 
Full-Time Employees 28 
Part-Time Employees
Number of Branch Offices
Total Assets 245,019,438 

Compare Massmutual Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Freedom CU CHICOPEE 1976 MEMORIAL DR 01020 (413) 532-5085 No 0.44
West Springfield CU West Springfield Federal Credit Union 58 Union St 01089 (413) 733-6108 No 1.48
Springfield Street Railway Emp. CU springfield street railway employees credit union 640 Page Blvd Ste 102 01104 (413) 781-4454 No 3.21
Greater Springfield CU Main Office 1030 Wilbraham Rd 01109 (413) 782-3161 No 3.39
Arrha CU 63 Park Avenue 63 Park Ave 01089 (413) 562-4092 No 3.69

Massmutual Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Massmutual Federal 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 9.75 1.99 1.99 4.25 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 227 34 21 174 132
Rank Among All Massachusetts Credit Unions 11 6 2 44 28

Massmutual Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.50 1.00 0.70
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 119 60 174 199
Rank Among All Massachusetts Credit Unions N/A 15 11 30 39
Massmutual Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.7502,3816,954,942
All Other Unsecured Loans/Lines of Credit 9.0001,4193,073,198
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.7501503,903,059
New Vehicle Loans 1.9902814,891,714
Used Vehicle Loans 1.9901,44016,659,927
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25047956,178,883
Total Other Real Estate Loans/Lines of Credit 4.2501,31734,653,047
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 9.00046410,254
TOTAL LOANS & LEASES 7,513126,725,024

Massmutual Federal 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 14522,398,946274,823,230
    b. 15 Years or less 33033,186,803152,157,700
    a. > 15 years 2451,26500
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 2141,86900
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 943,726,1919299,150
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,22330,926,856644,331,800
Open-End Fixed Rate 0000
TOTALS 1,79690,831,93011511,611,880


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 64122,222,1864,331,800
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Massmutual Federal 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 No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes