Credit Unions Near Me
National Credit Union Service Organization

METROWEST COMMUNITY FEDERAL CREDIT UNION

Mar, 31, 2022 — METROWEST COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in FRAMINGHAM, MA with 1 branch location and about $132.85 million in total assets. Opened 81 years ago in 1941, METROWEST COMMUNITY FEDERAL CREDIT UNION has about 7,331 members and employs 14 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: 211382986
Name:METROWEST COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
200 Concord St
FRAMINGHAM, MA 01702-8306
Phone:(508) 879-5522
Fax:
Website:http://www.mwcfcu.com
Branches:1 branch locations
Members:7,331
Credit Union Type:Federal Credit Union
Charter Number:4731
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1941
Last Audited:Sep 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$132,851,434
CEO/Manager:Joseph Mansour
Chairperson:Paul Barbieri

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,609,711
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 46,034,362
 Unsecured Loans 6,278,285
 Other Loans 16,358,173
 TOTAL LOANS 68,670,820
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -276,016
 Land And Building 350,658
 Other Fixed Assets 167,383
 NCUSIF Deposit 1,104,045
 All Other Assets 0
  TOTAL ASSETS 132,851,434
LIABILITIES & CAPITAL:  
 Dividends Payable 1,376
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -1,036,312
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 17,440,081
 Regular shares 48,314,632
 All Other Shares & Deposits 57,808,565
  TOTAL SHARES & DEPOSITS 123,563,278
  TOTAL LIABILITIES 122,528,342
 Regular Reserve 0
 Other Reserves -1,286,074
 Undivided Earnings 11,609,166
  TOTAL EQUITY 10,323,092
  TOTAL LIABILITIES, SHARES, & EQUITY 132,851,434
INCOME & EXPENSE  
 Loan Income 614,570
 Investment Income 144,315
 Other Income 115,222
 Total Employee Compensation & Benefits 327,332
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 368,654
 Non-operating Income & (Expense) 9,000
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 17,500
 Cost of Funds 116,618
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 91,500
↑ Back to Top

Other Credit Unions

LINCOLN SUDBURY TOWN EMPLOYEE FEDERAL CREDIT UNION
278 Old Sudbury Rd
SUDBURY, MA 01776-1843
BEDFORD VA FEDERAL CREDIT UNION
200 Springs Rd
BEDFORD, MA 01730-1114
WELLESLEY MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION
1 HOLLIS ST Ste 105
WELLESLEY, MA 02482-4686
WATERTOWN MUNICIPAL CREDIT UNION
149 MAIN ST
WATERTOWN, MA 02472-4410
HOMEFIELD CREDIT UNION
86 Worcester St
NORTH GRAFTON, MA 01536-1020
SHREWSBURY FEDERAL CREDIT UNION
489 BOSTON TPKE
SHREWSBURY, MA 01545
DIGITAL FEDERAL CREDIT UNION
220 Donald Lynch Blvd
MARLBOROUGH, MA 01752
ST. MARY'S CREDIT UNION
46 Lizotte Dr
MARLBOROUGH, MA 01752-3061
DIRECT FEDERAL CREDIT UNION
50 Cabot St
NEEDHAM, MA 02494
RTN FEDERAL CREDIT UNION
600 Main St
WALTHAM, MA 02452