Credit Unions Near Me
National Credit Union Service Organization

MANCHESTER FEDERAL CREDIT UNION

Mar, 31, 2021 — MANCHESTER FEDERAL CREDIT UNION is a federal credit union headquartered in MANCHESTER, MA with 1 branch location and about $1.70 million in total assets. Opened 59 years ago in 1962, MANCHESTER FEDERAL CREDIT UNION has about 378 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MANCHESTER FEDERAL CREDIT UNION
Address:
(Main Office)
10 CENTRAL ST, TOWN HALL
MANCHESTER, MA 01944-1354
Phone:(978) 526-7742
Fax:(978) 526-1616
Website:http://www.manchester.ma.us
Branches:1 branch locations
Members:378
Credit Union Type:Federal Credit Union
Charter Number:15296
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1962
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,696,716
CEO/Manager:Victoria A Mason
Chairperson:PAUL H KOLTERJAHN

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 941,293
TOTAL INVESTMENTS 327,277
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 104,910
 Other Loans 313,047
 TOTAL LOANS 417,957
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,365
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 12,289
 All Other Assets 4,265
  TOTAL ASSETS 1,696,716
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,249
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,388,904
 All Other Shares & Deposits 96,577
  TOTAL SHARES & DEPOSITS 1,485,481
  TOTAL LIABILITIES 1,496,730
 Regular Reserve 53,275
 Other Reserves 0
 Undivided Earnings 146,711
  TOTAL EQUITY 199,986
  TOTAL LIABILITIES, SHARES, & EQUITY 1,696,716
INCOME & EXPENSE  
 Loan Income 6,150
 Investment Income 2,009
 Other Income 50
 Total Employee Compensation & Benefits 7,100
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,824
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 452
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -3,167
↑ Back to Top

Other Credit Unions

GLOUCESTER FIRE DEPARTMENT CREDIT UNION
FIRE HEADQUARTERS, 8 SCHOOL ST
GLOUCESTER, MA 01930
GLOUCESTER MUNICIPAL CREDIT UNION
9 DALE AVE, CITY HALL
GLOUCESTER, MA 01930
DANVERS MUNICIPAL FEDERAL CREDIT UNION
1 Sylvan St.
DANVERS, MA 01923 2790
LYNN TEACHERS CREDIT UNION
33 NORTH COMMON STREET
LYNN, MA 01902-4311
BEVERLY MUNICIPAL FEDERAL CREDIT UNION
139 CABOT ST
BEVERLY, MA 01915
MARBLEHEAD MUNICIPAL FEDERAL CREDIT UNION
7 WIDGER RD
MARBLEHEAD, MA 01945
GREATER SALEM EMPLOYEES FEDERAL CREDIT UNION
10 COLONIAL RD STE 1A
SALEM, MA 01970
PEABODY MUNICIPAL FEDERAL CREDIT UNION
12 CHESTNUT ST
PEABODY, MA 01960
LYNN POLICE CREDIT UNION
300 WASHINGTON ST
LYNN, MA 01902
LYNN FIREMENS FEDERAL CREDIT UNION
30 BOSTON ST STE 9
LYNN, MA 01904