Sep, 30, 2025 — BROOKLINE MUNICIPAL CREDIT UNION is a federally insured state chartered credit union headquartered in BROOKLINE, MA with 1 branch location and about $48.33 million in total assets. Opened 87 years ago in 1939, BROOKLINE MUNICIPAL CREDIT UNION has about 2,508 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BROOKLINE MUNICIPAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 334 WASHINGTON ST BROOKLINE, MA 02445-6850 |
| Phone: | (617) 232-9410 |
| Fax: | (617) 232-1462 |
| Website: | https://www.brooklinecu.com |
| Branches: | 1 branch locations |
| Members: | 2,508 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67340 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $48,332,048 |
| CEO/Manager: | PAUL J DEMAIO |
| Chairperson: | MARJORIE R LALLI |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,487,659 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,715,848 |
| Unsecured Loans | 559,245 |
| Other Loans | 3,433,174 |
| TOTAL LOANS | 14,708,267 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -191,063 |
| Land And Building | 14,160 |
| Other Fixed Assets | 40,456 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 386,473 |
| All Other Assets | 0 |
| TOTAL ASSETS | 48,332,048 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 75,781 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,662,174 |
| Regular shares | 18,350,076 |
| All Other Shares & Deposits | 15,839,841 |
| TOTAL SHARES & DEPOSITS | 41,852,091 |
| TOTAL LIABILITIES | 41,927,872 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 6,404,176 |
| TOTAL EQUITY | 6,404,176 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 48,332,048 |
| INCOME & EXPENSE | |
| Loan Income | 523,765 |
| Investment Income | 824,620 |
| Other Income | 84,200 |
| Total Employee Compensation & Benefits | 394,274 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 317,833 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,502 |
| Cost of Funds | 380,880 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 323,096 |
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