Stoneham Municipal Employees Federal Credit Union

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A short history of Stoneham Municipal Employees FCU

Since its inception in 1963 the Stoneham Municipal Employees Federal Credit Union has been serving its members in the STONEHAM, 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 Ann Marie Waugh, the Stoneham Municipal Employees FCU has grown its membership to over 2,983 with assets of more than $38,123,095. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (781) 438-3959 or email them at office@smefcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in STONEHAM, MA.

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

Charter Number 15393
Address 40 PINE ST 
City STONEHAM 
State Massachusetts 
Zip-Code 02180
Phone Number (781) 438-3959
Fax Number (781) 438-6224
Email Address: office@smefcu.org
CEO/President Ann Marie Waugh
Members 2,983 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 38,123,095 
Website http://www.smefcu.org 

Compare Stoneham Municipal Employees Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Melrose First CU MAIN OFFICE 616 MAIN ST 02176 (781) 662-7276 No 2.00
Woburn Municipal CU Woburn Municipal FCU 8 Cedar St 01801 (781) 933-2600 No 2.06
Wakefield Town Employees CU Main Office 47 Tuttle ST 01880 (781) 245-9331 No 2.27
Winchester CU MAIN OFFICE 968 MAIN ST 01890 (781) 729-0668 No 2.52
Reading Mass. Town Employees CU Home Office 218 Ash st 01867 (781) 942-9019 No 3.10

Stoneham Municipal Employees Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Stoneham Municipal Employees 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 11.99 1.79 2.39 3.25 3.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 410 20 41 44 27
Rank Among All Massachusetts Credit Unions 30 2 4 6 4

Stoneham Municipal Employees Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 N/A 0.40 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 116 129 N/A 284 227
Rank Among All Massachusetts Credit Unions 8 19 N/A 55 45
Stoneham Municipal Employees Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9907721,097,978
All Other Unsecured Loans/Lines of Credit 13.400124560,332
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.79064890,741
Used Vehicle Loans 2.3902412,630,280
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.250284,027,606
Total Other Real Estate Loans/Lines of Credit 3.000692,512,457
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.10018122,480
TOTAL LOANS & LEASES 1,31611,841,874

Stoneham Municipal Employees 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 91,454,0441100,000
    b. 15 Years or less 192,573,5622352,000
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 461,743,6999621,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 23768,7583285,000
Open-End Fixed Rate 0000
TOTALS 976,540,063151,358,000

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

Stoneham Municipal Employees Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
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 Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes