P.O. BOX 227
Shrewsbury, MA 01545
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.70% 1.05% →
2-Year CD 0.80% 1.11% →
5-Year CD 1.00% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Shrewsbury is an NCUA insured institution located in Shrewsbury, MA. It was founded in 1960 and has approximately $160.54 millions in assets.

NCUA Insured Yes
Charter Number # # 13601
Date Established 1960
Assets $160.54 million
Loans $83.55 million
Deposits $146.71 million
Capital $13.91 million

Field of Membership Restrictions

Shrewsbury Federal Credit Union is headquartered in SHREWSBURY and is the 49th largest credit union in the state of Massachusetts. It is also the 1,302nd largest credit union in the nation. It was established in 1960 and as of September of 2016, it had grown to 21 employees and 8,808 members at 1 location. Shrewsbury Federal Credit Union has an A health rating.

Deposit Rates - August 10, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.50% $10,000 $14,999 Learn More
3 Mo CD
0.50% $100,000 $199,999 Learn More
6 Mo CD
0.60% $10,000 $14,999 Learn More
6 Mo CD
0.60% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 Mo CD
0.80% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
48 Mo CD
0.90% $10,000 $14,999 Learn More
48 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 10, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for SHREWSBURY

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 13256
2.914% 2.875% 0.50 $1,250 $1,038 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$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 Shrewsbury 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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Shrewsbury Locations

Financial Details

Shrewsbury Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Shrewsbury. 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
Shrewsbury U.S. Average
2.95% 6.71

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 March 30, 2020, Shrewsbury had $423,586 in non-current loans and $0 in owned assets. To cover these potential losses it had $13,914,189 in net worth and $445,449 in loans loss reserves. That gives it a Texas Ratio of 2.95%.

Net Worth
Shrewsbury U.S. Average
8.66% 13.61%

Shrewsbury FCU has a net worth of 8.66% versus the BestCashCow average of 13.61. 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 Shrewsbury

Branches and Savings

What is Shrewsbury?

A federal credit union, registered with the NCUA under certificate #13601.
Learn more about credit unions here.

Is Shrewsbury 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 Shrewsbury?

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

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

Shrewsbury'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 Shrewsbury?

Shrewsbury has total capital of $13.91 million. Full information on Shrewsbury's financial position is located above.

Who owns Shrewsbury?

Credit Unions are owned by their members.

Where are Shrewsbury branches located?

See branch locations nearby.

Are Shrewsbury ATMs Open 24/7?

Do Shrewsbury ATMs accept cash deposits?

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

Does Shrewsbury have a mobile app?

Does Shrewsbury have mobile deposit?

Does Shrewsbury have quick pay?

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

Does Shrewsbury report to credit bureaus?

Does Shrewsbury use Chexsystems?

Does Shrewsbury use Equifax?

What is Shrewsbury's toll free phone number?

What is Shrewsbury's ACH Routing Number?

What is Shrewsbury's SWIFT code?

Where can I find Shrewsbury's wire transfer form?

What is the Shrewsbury address for deposits?

What Products Does Shrewsbury Offer

Does Shrewsbury offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Shrewsbury offer auto and RV loans?

Compare auto loan rates here.

Does Shrewsbury offer student loans or personal loans?

Compare personal loan rates here.

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