Watertown Municipal Credit Union

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A short history of Watertown Municipal CU

Since its inception in 1934 the Watertown Municipal Credit Union has been serving its members in the WATERTOWN, 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 Luisa Figueiredo, the Watertown Municipal CU has grown its membership to over 790 with assets of more than $11,504,380. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (617) 924-0160 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 WATERTOWN, MA.

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

Charter Number 67615
Address 149 MAIN ST 
State Massachusetts 
Zip-Code 02472
Phone Number (617) 924-0160
Fax Number (617) 924-9307
Email Address: none
CEO/President Luisa Figueiredo
Members 790 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 11,504,380 
Website http://www.watertownmcu.com 

Compare Watertown Municipal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Belmont Municipal CU Main Branch Office 455 Concord Ave 02478 (617) 993-2790 No 1.68
City Of Boston CU CANTON 305 Turnpike St 02021 (781) 828-1444 No 2.46
Cambridge Firefighters CU Main 113 Garden St 02138 (617) 864-2298 No 2.63
Rtn CU Hudson 25 South St Ste 2 01749 (978) 562-7878 No 2.88
Harvard University Employees CU Charlestown Navy Yard 149 13th St 02138 (617) 643-9655 No 2.94

Watertown Municipal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Watertown Municipal 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 2.15 3.99 4.00 4.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 46 202 138 200
Rank Among All Massachusetts Credit Unions N/A 10 44 35 41

Watertown Municipal 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 N/A 0.25 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 129 N/A 310 N/A
Rank Among All Massachusetts Credit Unions N/A 19 N/A 58 N/A
Watertown Municipal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 7.50078321,633
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.15016207,139
Used Vehicle Loans 3.990557,173
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.00091,188,330
Total Other Real Estate Loans/Lines of Credit 4.750585,160
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 10.0002233,916
TOTAL LOANS & LEASES 1351,893,351

Watertown Municipal 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 3595,97200
    b. 15 Years or less 6592,35800
    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


Closed-End Fixed Rate 585,16000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 141,273,49000


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

Watertown Municipal 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