Sep, 30, 2025 — LYNN TEACHERS CREDIT UNION is a federally insured state chartered credit union headquartered in LYNN, MA with 1 branch location and about $4.67 million in total assets. Opened 91 years ago in 1935, LYNN TEACHERS CREDIT UNION has about 679 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LYNN TEACHERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 33 N COMMON ST LYNN, MA 01902-4311 |
| Phone: | (781) 592-4936 |
| Fax: | (781) 595-5264 |
| Website: | https://www.lynnteacherscu.org |
| Branches: | 1 branch locations |
| Members: | 679 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67882 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,665,032 |
| CEO/Manager: | ADELE M POLIZZOTTI |
| Chairperson: | WARREN F WHITE |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 587,832 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,655,879 |
| Other Loans | 282,516 |
| TOTAL LOANS | 1,938,395 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,059 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 37,080 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,665,032 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 60,834 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,541,233 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,541,233 |
| TOTAL LIABILITIES | 3,602,067 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,062,965 |
| TOTAL EQUITY | 1,062,965 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,665,032 |
| INCOME & EXPENSE | |
| Loan Income | 133,268 |
| Investment Income | 86,729 |
| Other Income | 29 |
| Total Employee Compensation & Benefits | 76,283 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 41,733 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 13,382 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 89,444 |
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