Sep, 30, 2025 — ENERGY CREDIT UNION is a federally insured state chartered credit union headquartered in WEST ROXBURY, MA with 2 branch locations and about $127.78 million in total assets. Opened 95 years ago in 1931, ENERGY CREDIT UNION has about 5,818 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ENERGY CREDIT UNION |
|---|---|
| Address: (Main Office) | 156 Spring St WEST ROXBURY, MA 02132 |
| Phone: | (617) 325-1999 |
| Fax: | (617) 325-1993 |
| Website: | https://www.energycreditunion.org |
| Branches: | 2 branch locations |
| Members: | 5,818 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66369 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $127,782,357 |
| CEO/Manager: | Irene Tan |
| Chairperson: | James Godding |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,456,513 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 64,878,212 |
| Unsecured Loans | 7,995,041 |
| Other Loans | 12,949,714 |
| TOTAL LOANS | 85,822,967 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -406,031 |
| Land And Building | 3,471,622 |
| Other Fixed Assets | 122,187 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,040,156 |
| All Other Assets | 0 |
| TOTAL ASSETS | 127,782,357 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,446,899 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,794,963 |
| Regular shares | 47,079,143 |
| All Other Shares & Deposits | 45,297,803 |
| TOTAL SHARES & DEPOSITS | 106,171,909 |
| TOTAL LIABILITIES | 107,618,808 |
| Regular Reserve | 0 |
| Other Reserves | 2,447,906 |
| Undivided Earnings | 17,715,643 |
| TOTAL EQUITY | 20,163,549 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 127,782,357 |
| INCOME & EXPENSE | |
| Loan Income | 3,418,654 |
| Investment Income | 877,500 |
| Other Income | 222,660 |
| Total Employee Compensation & Benefits | 1,147,612 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,312,266 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
| Cost of Funds | 1,526,712 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 521,277 |
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