MEMBERS PLUS

29 HIGH ST
Medford, MA 02155

Notable Rates APY Vs.Others
Savings 0.20% 2.25% →
1-Year CD 1.01% 2.25% →
2-Year CD 1.41% 2.50% →
5-Year CD 1.72% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Members Plus is an NCUA insured institution located in Medford, MA. It was founded in 1940 and has approximately $309.69 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
Charter Number # # 66706
Date Established 1940
Assets $309.69 million
Loans $176.80 million
Deposits $214.53 million
Capital $45.90 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 - December 14, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.20% $1,000 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $24,999 Learn MoreShow Less
Money Market
0.40% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.25% $10,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.40% $25,000 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.01% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.50% $500 - Learn MoreShow Less
6 Mo CD
0.65% $500 - Learn MoreShow Less
12 Mo CD
1.01% $500 - Learn MoreShow Less
18 Mo CD
1.31% $500 - Learn MoreShow Less
24 Mo CD
1.41% $500 - Learn MoreShow Less
36 Mo CD
1.51% $500 - Learn MoreShow Less
48 Mo CD
1.61% $500 - Learn MoreShow Less
60 Mo CD
1.72% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $25 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $25 - Learn MoreShow Less

Loan Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

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 - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.625% 3.625% -0.13 ($222) $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$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:
Fairfield,Connecticut


Members Plus Locations


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
2.00% 5.86

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, 2019, Members Plus had $567,034 in non-current loans and $357,794 in owned assets. To cover these potential losses it had $45,895,369 in net worth and $332,732 in loans loss reserves. That gives it a Texas Ratio of 2.00%.

Net Worth
Members Plus U.S. Average
14.81% 13.65%

Members Plus FCU has a net worth of 14.81% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Members Plus

Branches and Savings

What is Members Plus?

A federal credit union, registered with the NCUA under certificate #66706.
Learn more about credit unions here.

Is Members Plus FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Members Plus?

Please see Field of Membership information above for information on who is eligible to join.

What are Members Plus's share account and share certificate rates?

Members Plus's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Members Plus?

Members Plus has total capital of $45.90 million. Full information on Members Plus's financial position is located above.

Who owns Members Plus?

Credit Unions are owned by their members.

Where are Members Plus branches located?

See branch locations nearby.

Are Members Plus ATMs Open 24/7?

Do Members Plus ATMs accept cash deposits?

Can Members Plus customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Members Plus have a mobile app?

Does Members Plus have mobile deposit?

Does Members Plus have quick pay?

How can Members Plus transfer money to other banks or credit unions?

Does Members Plus report to credit bureaus?

Does Members Plus use Chexsystems?

Does Members Plus use Equifax?

What is Members Plus's toll free phone number?

What is Members Plus's ACH Routing Number?

What is Members Plus's SWIFT code?

Where can I find Members Plus's wire transfer form?

What is the Members Plus address for deposits?

What Products Does Members Plus Offer

Does Members Plus offer mortgages?

Compare mortgage rates here.

Does Members Plus offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Members Plus offer auto and RV loans?

Compare auto loan rates here.

Does Members Plus offer student loans or personal loans?

Compare personal loan rates here.

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