Somerville Mass Firefighters Federal Credit Union

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A short history of Somerville Mass Firefighters FCU

Since its inception in 1936 the Somerville Mass Firefighters Federal Credit Union has been serving its members in the SOMERVILLE, 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 kenneth layton, the Somerville Mass Firefighters FCU has grown its membership to over 312 with assets of more than $7,308,813. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (617) 625-6935 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 SOMERVILLE, MA.

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

Charter Number 943
Address 266 BROADWAY 
City SOMERVILLE 
State Massachusetts 
Zip-Code 02145
Phone Number (617) 625-6935
Fax Number (617) 623-7385
Email Address: none
CEO/President kenneth layton
Members 312 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 7,308,813 
Website  

Compare Somerville Mass Firefighters Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Somerville School Employees CU Main office 100 Highland Ave 02144 (617) 625-8411 No 0.46
Health Alliance CU Health Alliance Federal Credit Union 230 Highland Ave 02143 (617) 591-6709 No 0.83
Naveo CU Cambridge 251 Hampshire St 02139 (617) 714-6565 No 0.85
Cambridge Teachers CU Cambridge Teachers FCU 20 Felton St 02138 (617) 492-3212 No 1.54
Cambridge Municipal Employees CU Compusource Systems, Inc. 110 John Muir Dr 14228 (800) 295-9100 No 1.82

Somerville Mass Firefighters Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Somerville Mass Firefighters 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 N/A 2.00 2.50 N/A 5.00
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 35 52 N/A 229
Rank Among All Massachusetts Credit Unions N/A 7 8 N/A 45

Somerville Mass Firefighters Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.50 N/A N/A N/A
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 66 N/A N/A N/A
Rank Among All Massachusetts Credit Unions N/A 6 N/A N/A N/A
Somerville Mass Firefighters Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 10.00049627,363
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.00012216,810
Used Vehicle Loans 2.50037567,336
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 5.0007298,050
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0004056,964
TOTAL LOANS & LEASES 1451,766,523

Somerville Mass Firefighters Federal 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 0000
    b. 15 Years or less 0000
Balloon/Hybrid
    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 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 7298,050121,500
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 7298,050121,500

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

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