METRO

200 REVERE BEACH PKWY
Chelsea, MA 02150

Notable Rates APY Vs.Others
Savings 0.10% 2.25% →
1-Year CD 2.05% 2.25% →
2-Year CD 2.25% 2.50% →
5-Year CD 1.75% 2.80% →
30-Year Mortgage 3.42% 3.31% →
15-Year Mortgage 3.09% 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Metro is an NCUA insured institution located in Chelsea, MA. It was founded in 1926 and has approximately $1971.18 millions in assets.

Who can join?

Membership in Metro Credit Union is open to anyone who lives, works or has a place of business in Essex, Middlesex, Suffolk, Norfolk, Plymouth, Barnstable or Worcester counties.

NCUA Insured Yes
Charter Number # # 66364
Date Established 1926
Assets $1,971.18 million
Loans $1,630.36 million
Deposits $1,582.07 million
Capital $184.48 million
 

Field of Membership Restrictions

Membership in Metro Credit Union is open to those who live, work, or own a business in Bristol, Essex, Middlesex, Barnstable, Norfolk, Plymouth, Suffolk, or Worcester Counties in Massachusetts.

Deposit Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.15% $2,000 $9,999 Learn MoreShow Less
Money Market
0.20% $10,000 $24,999 Learn MoreShow Less
Money Market
0.25% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $1 - Learn MoreShow Less
Special: 9 Mo FIRA
1.95% $500 - Learn MoreShow Less
Special: 12 Mo FIRA
2.05% $500 - Learn MoreShow Less
Special: 18 Mo FIRA
2.15% $500 - Learn MoreShow Less
Special: 24 Mo FIRA
2.25% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.25% $1 - Learn MoreShow Less
6 Mo CD
0.35% $1 - Learn MoreShow Less
Special: 9 Mo CD
1.95% $500 - Learn MoreShow Less
12 Mo CD
0.90% $1 - Learn MoreShow Less
Special: 12 Mo CD
2.05% $500 - Learn MoreShow Less
18 Mo CD
1.25% $1 - Learn MoreShow Less
Special: 18 Mo CD
2.15% $500 - Learn MoreShow Less
24 Mo CD
1.25% $1 - Learn MoreShow Less
Special: 24 Mo CD
2.25% $500 - Learn MoreShow Less
36 Mo CD
1.75% $1 - Learn MoreShow Less
60 Mo CD
1.75% $1 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $25 - Learn MoreShow Less

Loan Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

Auto Loan Rates APR Rate Monthly Payment
5 Year 4.69% 4.69% $468.24
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.



Branches

Below are Metro 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


Metro Locations


Financial Details

Metro Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Metro. 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
Metro U.S. Average
1.36% 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, Metro had $2,514,097 in non-current loans and $106,978 in owned assets. To cover these potential losses it had $184,477,553 in net worth and $8,031,778 in loans loss reserves. That gives it a Texas Ratio of 1.36%.

Net Worth
Metro U.S. Average
9.35% 13.65%

Metro FCU has a net worth of 9.35% 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 Metro

Branches and Savings

What is Metro?

A federal credit union, registered with the NCUA under certificate #66364.
Learn more about credit unions here.

Is Metro 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 Metro?

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

What are Metro's share account and share certificate rates?

Metro'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 Metro?

Metro has total capital of $184.48 million. Full information on Metro's financial position is located above.

Who owns Metro?

Credit Unions are owned by their members.

Where are Metro branches located?

See branch locations nearby.

Are Metro ATMs Open 24/7?

Do Metro ATMs accept cash deposits?

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

Does Metro have a mobile app?

Does Metro have mobile deposit?

Does Metro have quick pay?

How can Metro transfer money to other banks or credit unions?

Does Metro report to credit bureaus?

Does Metro use Chexsystems?

Does Metro use Equifax?

What is Metro's toll free phone number?

What is Metro's ACH Routing Number?

What is Metro's SWIFT code?

Where can I find Metro's wire transfer form?

What is the Metro address for deposits?

What Products Does Metro Offer

Does Metro offer mortgages?

Compare mortgage rates here.

Does Metro offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Metro offer auto and RV loans?

Compare auto loan rates here.

Does Metro offer student loans or personal loans?

Compare personal loan rates here.

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