The Andovers Federal Credit Union

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A short history of The Andovers FCU

Since its inception in 1964 the The Andovers Federal Credit Union has been serving its members in the ANDOVER, 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 Lisa Morelli, the The Andovers FCU has grown its membership to over 2,710 with assets of more than $30,499,740. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (978) 475-6133 or email them at support@ndsys.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ANDOVER, MA.

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

Charter Number 16067
Address 19C LUPINE RD 
City ANDOVER 
State Massachusetts 
Zip-Code 01810
Phone Number (978) 475-6133
Fax Number (978) 475-6225
Email Address: support@ndsys.com
CEO/President Lisa Morelli
Members 2,710 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 30,499,740 
Website http://www.andoverfcu.com 

Compare The Andovers Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Merrimack Valley CU MVFCU Corporate Office 500 Merrimack St 01843 (978) 975-4095 No 3.93
Tewksbury CU Main Office 752 Main St 01876 (978) 851-9750 No 4.58
Methuen Municipal Employees CU Methuen Federal Credit Union 248 Broadway 01844 (978) 686-1471 No 5.31
Middlesex-essex Postal Employees CU MAIN OFFICE 76 Main St 01864 (978) 664-5938 No 5.99
M.o.s.e.s. CU Main office 50 Main St 01864 (978) 276-0750 No 6.22

The Andovers Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


The Andovers 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 9.99 3.69 5.72 N/A 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 235 412 N/A 100
Rank Among All Massachusetts Credit Unions 14 60 79 N/A 19

The Andovers Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.35 0.70 0.78
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 108 89 224 189
Rank Among All Massachusetts Credit Unions N/A 14 17 43 36
The Andovers Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9908261,440,570
All Other Unsecured Loans/Lines of Credit 11.6605731,405,263
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.69039565,152
Used Vehicle Loans 5.72085593,396
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 4.0001014,597,371
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.200418,508
TOTAL LOANS & LEASES 1,6288,620,260

The Andovers 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 944,471,27515867,000
Closed-End Adjustable Rate 7126,096161,000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 1014,597,37116928,000

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

The Andovers 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 Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes