Credit Unions Near Me
National Credit Union Service Organization

SHREWSBURY FEDERAL CREDIT UNION

Jun, 30, 2021 — SHREWSBURY FEDERAL CREDIT UNION is a federal credit union headquartered in SHREWSBURY, MA with 1 branch location and about $194.51 million in total assets. Opened 61 years ago in 1960, SHREWSBURY FEDERAL CREDIT UNION has about 9,186 members and employs 25 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 211385569
Name:SHREWSBURY FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. BOX 227
SHREWSBURY, MA 01545-3949
Phone:(508) 845-6755
Fax:(508) 842-3835
Website:http://www.shrewsburycu.com
Branches:1 branch locations
Members:9,186
Credit Union Type:Federal Credit Union
Charter Number:13601
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Sep 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$194,507,527
CEO/Manager:JAMES J DUPONT
Chairperson:Gail Sokolowski

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 12,374,060
TOTAL INVESTMENTS 90,854,989
Loans Held for Sale 0
 
 Real Estate Loans 60,401,966
 Unsecured Loans 11,175,021
 Other Loans 13,737,905
 TOTAL LOANS 85,352,703
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -440,546
 Land And Building 4,015,017
 Other Fixed Assets 191,986
 NCUSIF Deposit 1,621,582
 All Other Assets 537,736
  TOTAL ASSETS 194,507,527
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 916,033
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 44,862,731
 Regular shares 88,037,950
 All Other Shares & Deposits 47,018,085
  TOTAL SHARES & DEPOSITS 179,918,766
  TOTAL LIABILITIES 180,834,799
 Regular Reserve 1,303,706
 Other Reserves -1,277,604
 Undivided Earnings 13,646,626
  TOTAL EQUITY 13,672,728
  TOTAL LIABILITIES, SHARES, & EQUITY 194,507,527
INCOME & EXPENSE  
 Loan Income 1,647,190
 Investment Income 448,755
 Other Income 490,962
 Total Employee Compensation & Benefits 1,028,961
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,134,396
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -7,000
 Cost of Funds 200,747
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 489,292
↑ Back to Top

Other Credit Unions

WORCESTER FIRE DEPT. CREDIT UNION
34 GLENNIE ST
WORCESTER, MA 01605
ST. VINCENT HOSPITAL CREDIT UNION
123 SUMMER ST
WORCESTER, MA 01608-1216
WORCESTER POLICE DEPARTMENT FEDERAL CREDIT UNION
805 West Boylston Street
WORCESTER, MA 01606
LEOMINSTER EMPLOYEES FEDERAL CREDIT UNION
24 CHURCH ST
LEOMINSTER, MA 01453
ALLCOM CREDIT UNION
36 PARK AVE
WORCESTER, MA 01609
HOMEFIELD CREDIT UNION
86 WORCESTER ST
NORTH GRAFTON, MA 01536-1020
WORCESTER CREDIT UNION
520 W BOYLSTON ST
WORCESTER, MA 01606-2026
MILLBURY FEDERAL CREDIT UNION
50 Main St
MILLBURY, MA 01527
METROWEST COMMUNITY FEDERAL CREDIT UNION
200 CONCORD ST
FRAMINGHAM, MA 01701
CENTRAL ONE FEDERAL CREDIT UNION
714 Main St
SHREWSBURY, MA 01545