Members Plus Credit Union

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A short history of Members Plus CU

Since its inception in 1940 the Members Plus Credit Union has been serving its members in the Medford, 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 John Murphy, the Members Plus CU has grown its membership to over 9,686 with assets of more than $254,204,595. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (781) 905-1500 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 Medford, MA.

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

Charter Number 66706
Address 29 High St 
City Medford 
State Massachusetts 
Zip-Code 02155
Phone Number (781) 905-1500
Fax Number (781) 306-0682
Email Address: none
CEO/President John Murphy
Members 9,686 
Full-Time Employees 39 
Part-Time Employees
Number of Branch Offices
Total Assets 254,204,595 

Compare Members Plus Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Medford Municipal Employees CU CUSA 4897 W LAKE PARK BLVD STE 200 4897 W LAKE PARK BLVD 84120 (800) 756-2872 No 0.52
New England Teamsters CU Home Office 23 Broadway 02474 (781) 641-6700 No 1.73
Somerville Municipal CU Main Office 236 Holland St 02144 (617) 625-0898 No 1.74
Arlington Municipal CU Arlington Municipal federal Credit Union 730 Massachusetts Ave 02476 (781) 316-3144 No 2.37
Malden CU Main Office 10 Holden St 02148 (781) 324-2241 No 2.41

Members Plus Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Members Plus 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 12.90 2.75 3.24 4.13 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 452 115 119 159 56
Rank Among All Massachusetts Credit Unions 32 34 27 39 8

Members Plus Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.20 0.40 1.00 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 108 76 174 158
Rank Among All Massachusetts Credit Unions 8 14 14 30 25
Members Plus Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.9001,2722,633,405
All Other Unsecured Loans/Lines of Credit 12.9902,3055,513,120
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7501362,426,523
Used Vehicle Loans 3.2403844,271,531
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.130670116,499,799
Total Other Real Estate Loans/Lines of Credit 3.50054224,165,630
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.20018116,288
TOTAL LOANS & LEASES 5,327155,626,296

Members Plus 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 25557,263,250154,142,500
    b. 15 Years or less 30238,516,94581,391,300
    a. > 15 years 0000
    b. 15 Years or less 11320,719,60441,325,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1334,434,295391,754,910
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 40919,731,335482,417,715
Open-End Fixed Rate 0000
TOTALS 1,212140,665,42911411,031,425


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

Members Plus Credit Union Member Offerings
First Time Homebuyer Program Yes
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