MASSACHUSETTS FAMILY Credit Union Profile

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MASSACHUSETTS FAMILY

Charter #24924 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (781) 592-6051

Fax: (781) 592-6162

Founding Date: N/A

Website: http://www.massfamilycu.com

Personnel & Operations

President: coppinger, richard

Manager: Crean, Keith

FT Employees: 3

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: MON-FRI 9:00 AM-- 3:30 PM

Credit Union Profile Summary

MASSACHUSETTS FAMILY is a FCU Credit Union. With a total of 1,471 members [1], this institution manages approximately $29,488,721 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.96% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.79% [1].

Financial Snapshot

Total Assets [1]
$29,488,721

Total economic resources.

Total Loans [1]
$23,491,572

Total value of outstanding loans.

Total Deposits [1]
$21,728,593

Total funds deposited by members.

Members [1]
1,471

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.96%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.36%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
108.11%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 5.90%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -2.79%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.07%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

51 WILLOW ST

LYNN, MA, 01901
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by MASSACHUSETTS FAMILY (Charter #24924).

Main Office

Mass Family CU Main Office

Type: Corporate Office

51 Willow St

Lynn, MA 01901

Phone: (781) 592-6051

Services: Member Services

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Additional Branches

Lynn

vital records server

Type: Corporate Office

51 Willow st

Lynn, MA 01901

Services: None specified

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