Merrimack Valley Federal Credit Union


500 Merrimack St
Lawrence, MA 01843
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Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Merrimack Valley is an NCUA insured institution located in Lawrence, MA. It was founded in 1955 and has approximately $616.62 millions in assets.

Who can join?

If you live, work, worship or attend school in the Merrimack Valley area then you are eligible to join Merrimack Valley Federal Credit Union. If you work for an eligible business or other legal entity in the area, then you are also able to join.

NCUA Insured Yes / Federally Chartered
Charter Number # # 10066
Date Established 1955
Assets $616.62 million
Loans $389.10 million
Deposits $542.34 million
Capital $65.45 million

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in the Merrimack Valley area (select areas of New Hampshire or Massachusetts). Membership is also open to employees of select organizations and to immediate family of existing members.

Deposit Rates - December 8, 2021

Your Current Location: Virginia, VA 20146

We do not yet have rates for Merrimack Valley

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

Back to Merrimack Valley

Note to Merrimack Valley
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Advertiser Disclosure

Loan Rates - December 8, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MERRIMACK VALLEY

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
New American Funding
NMLS ID: 6606
3.109% 2.990% 0.88 $3,839 $1,053 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Flagstar Bank-Heloc
Flagstar Bank-Heloc
See Table
4.990 %
$0 Learn More
More Info

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



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

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Merrimack Valley Locations

Climate Initiatives

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

Financial Details

Merrimack Valley Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Merrimack Valley. 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
Merrimack Valley U.S. Average
2.71% 3.79

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, 2021, Merrimack Valley had $1,785,382 in non-current loans and $36,408 in owned assets. To cover these potential losses it had $65,448,020 in net worth and $1,830,805 in loans loss reserves. That gives it a Texas Ratio of 2.71%.

Net Worth
Merrimack Valley U.S. Average
10.61% 12.22%

Merrimack Valley FCU has a net worth of 10.61% versus the BestCashCow average of 12.22. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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