Metro Credit Union

  • +1

A short history of Metro CU

Since its inception in 1926 the Metro Credit Union has been serving its members in the CHELSEA, 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 Robert Cashman, the Metro CU has grown its membership to over 194,450 with assets of more than $1,690,765,886. They have a main office and 15 branch offices. Please see the credit unions website or contact them by phone at (877) 696-3876 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 CHELSEA, MA.

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

Charter Number 66364
State Massachusetts 
Zip-Code 02150
Phone Number (877) 696-3876
Fax Number (617) 889-7663
Email Address:
CEO/President Robert Cashman
Members 194,450 
Full-Time Employees 257 
Part-Time Employees 25 
Number of Branch Offices 15 
Total Assets 1,690,765,886 

Compare Metro Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Chelsea Employees CU Credit Union 500 Broadway # 205 02150 (617) 884-3599 No 0.44
Revere Municipal Employees CU REVERE HIGH SCHOOL BRANCH 101 School St 02151 (781) 333-2071 No 1.07
Everett CU Main Office 650 Broadway 02149 (617) 389-9000 No 1.32
Revere Firefighters CU Revere Firefighters Credit Union 4 Freeman St 02151 (781) 853-0660 No 2.49
Malden CU Main Office 10 Holden St 02148 (781) 324-2241 No 2.55

Metro Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Metro 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 10.90 3.54 4.39 3.63 3.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 214 250 86 74
Rank Among All Massachusetts Credit Unions 23 55 55 16 13

Metro 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 0.25 1.15 0.50
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 129 105 143 227
Rank Among All Massachusetts Credit Unions N/A 19 23 22 45
Metro Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.90013,17225,774,438
All Other Unsecured Loans/Lines of Credit 12.90013,55541,713,272
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.54015,153247,630,464
Used Vehicle Loans 4.39010,965130,917,346
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.6302,379608,444,327
Total Other Real Estate Loans/Lines of Credit 3.7504,044367,920,146
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.2505947,188,395
TOTAL LOANS & LEASES 59,8621,429,588,388

Metro 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 745223,244,22520253,201,004
    b. 15 Years or less 878114,376,5025111,700,312
    a. > 15 years 515231,736,4267538,508,454
    b. 15 Years or less 23537,940,693156,712,080
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 5980,16500
Adjustable Rate > 1 yr 1166,31600


Closed-End Fixed Rate 605170,945,6546419,127,829
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 3,439196,974,49226225,862,023
Open-End Fixed Rate 0000
TOTALS 6,423976,364,473669155,111,702


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

Metro Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
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