Members Plus Credit Union

Headquarters

29 High St
Medford, MA 02155
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 5.50% →
1-Year CD 0.86% 4.80% →
2-Year CD 1.03% 4.25% →
5-Year CD 1.31% 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Members Plus is an NCUA insured institution located in Medford, MA. It was founded in 1940 and has approximately $359.49 millions in assets.

Who can join?

Anyone who lives or works, within Middlesex, Norfolk, Plymouth, and Suffolk counties is eligible to join Members Plus.

Also, if you belong to a religious or social organization located in these 4 counties, you can also join. In addition employees, retirees, and family members of the NSTAR Companies, Exelon and Entergy are also eligible to join.

Members can also invite relatives to join the Credit Union. Spouses, children, siblings, parents, grandparents, in-laws, and domestic partners are all eligible for membership.

NCUA Insured Yes / State-Chartered
Charter Number # # 66706
Date Established 1940
Assets $359.49 million
Loans $189.38 million
Deposits $254.75 million
Capital $44.78 million
 

Field of Membership Restrictions

Membership is open to those who live or work in Norfolk, Middlesex, Suffolk, or Plymouth Counties in Massachusetts. Membership is also open to employees and retirees of the Eversource Companies, Exelon and Entergy.

Deposit Rates - November 4, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.40% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.55% $10,000 $14,999 Learn More
6 Mo CD
0.55% $100,000 $199,999 Learn More
12 Mo CD
0.86% $10,000 $14,999 Learn More
12 Mo CD
0.86% $100,000 $199,999 Learn More
18 Mo CD
0.91% $10,000 $14,999 Learn More
18 Mo CD
0.91% $100,000 $199,999 Learn More
24 Mo CD
1.03% $10,000 $14,999 Learn More
24 Mo CD
1.03% $100,000 $199,999 Learn More
36 Mo CD
1.09% $10,000 $14,999 Learn More
36 Mo CD
1.09% $100,000 $199,999 Learn More
48 Mo CD
1.19% $10,000 $14,999 Learn More
48 Mo CD
1.19% $100,000 $199,999 Learn More
60 Mo CD
1.31% $10,000 $14,999 Learn More
60 Mo CD
1.31% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 $99 Learn MoreShow Less
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - November 4, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Members Plus

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
District Lending
NMLS ID: 1835285
6.380% 6.250% 0.88 $4,400 $1,971 Learn More
PenFed Credit Union
NMLS ID: 401822
6.818% 6.625% 1.00 $6,400 $2,049 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.984% 6.875% 0.88 $3,545 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.200% 7.125% 0.75 $2,400 $2,156 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

Note to Members Plus
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Members Plus branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio


Members Plus Locations around zip code 43085


BranchDistance Map View Lobby Hours

Norwwod

644.17 A View Lobby Hours

MAIN OFFICE

651.62 B View Lobby Hours

MPCU-Main

652.56 C View Lobby Hours

Adams Village

652.96 D View Lobby Hours

Mass Ave

653.19 E View Lobby Hours

Plymouth

672.54 F View Lobby Hours


Climate Policy and Initiatives

MEMBERS PLUS is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Members Plus Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Members Plus. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Members Plus U.S. Average
3.19% 5.83

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2024, Members Plus had $968,975 in non-current loans and $470,616 in owned assets. To cover these potential losses it had $44,776,593 in net worth and $302,798 in loans loss reserves. That gives it a Texas Ratio of 3.19%.

Net Worth
Members Plus U.S. Average
12.45% 13.93%

Members Plus FCU has a net worth of 12.45% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Members Plus

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