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ST. JEAN'S CREDIT UNION

Sep, 30, 2025 — ST. JEAN'S CREDIT UNION is a federally insured state chartered credit union headquartered in LYNN, MA with 5 branch locations and about $378.09 million in total assets. Opened 116 years ago in 1910, ST. JEAN'S CREDIT UNION has about 18,233 members and employs 65 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ST. JEAN'S CREDIT UNION
Address:
(Main Office)
250 maple st
LYNN, MA 01904
Phone:(781) 592-5420
Fax:(781) 596-0612
Website:https://www.stjeanscu.com
Branches:5 branch locations
Members:18,233
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67959
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1910
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$378,094,644
CEO/Manager:David Surface
Chairperson:Steve Walsh

Call Report

  • First Time Homebuyer Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 36,978,198
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 205,756,748
 Unsecured Loans 8,186,967
 Other Loans 40,038,990
 TOTAL LOANS 253,982,704
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,015,661
 Land And Building 2,903,264
 Other Fixed Assets 4,557,696
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 3,024,688
 All Other Assets 0
  TOTAL ASSETS 378,094,644
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 13,722,749
 Accounts Payable & Other Liabilities 5,927,412
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 50,552,957
 Regular shares 109,301,925
 All Other Shares & Deposits 165,157,617
  TOTAL SHARES & DEPOSITS 325,012,500
  TOTAL LIABILITIES 344,734,669
 Regular Reserve 0
 Other Reserves 5,920,207
 Undivided Earnings 27,439,768
  TOTAL EQUITY 33,359,975
  TOTAL LIABILITIES, SHARES, & EQUITY 378,094,644
INCOME & EXPENSE  
 Loan Income 10,994,164
 Investment Income 2,067,497
 Other Income 660,512
 Total Employee Compensation & Benefits 4,626,976
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 3,668,324
 Non-operating Income & (Expense) 24,059
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 148,408
 Cost of Funds 5,012,554
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,218,623
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