Sep, 30, 2025 — TEWKSBURY FEDERAL CREDIT UNION is a federal credit union headquartered in TEWKSBURY, MA with 1 branch location and about $93.14 million in total assets. Opened 66 years ago in 1960, TEWKSBURY FEDERAL CREDIT UNION has about 5,902 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TEWKSBURY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 752 Main St TEWKSBURY, MA 01876 |
| Phone: | (978) 851-9750 |
| Fax: | (978) 851-8490 |
| Website: | https://www.tewksburyfcu.com |
| Branches: | 1 branch locations |
| Members: | 5,902 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13926 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $93,138,554 |
| CEO/Manager: | Maureen Montecalvo |
| Chairperson: | James Ryan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,279,999 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 35,623,034 |
| Unsecured Loans | 5,892,559 |
| Other Loans | 13,412,255 |
| TOTAL LOANS | 54,927,848 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -352,810 |
| Land And Building | 1,631,964 |
| Other Fixed Assets | 198,375 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 734,458 |
| All Other Assets | 61,800 |
| TOTAL ASSETS | 93,138,554 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 19,833 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 486,130 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 16,959,802 |
| Regular shares | 40,566,949 |
| All Other Shares & Deposits | 25,199,933 |
| TOTAL SHARES & DEPOSITS | 82,726,683 |
| TOTAL LIABILITIES | 83,233,017 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 9,905,537 |
| TOTAL EQUITY | 9,905,537 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 93,138,554 |
| INCOME & EXPENSE | |
| Loan Income | 2,397,085 |
| Investment Income | 976,151 |
| Other Income | 170,020 |
| Total Employee Compensation & Benefits | 1,444,599 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,221,413 |
| Non-operating Income & (Expense) | -116 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 71,365 |
| Cost of Funds | 635,703 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 532,614 |
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