Credit union · NCUA insured
Alpha Credit Union
A $35.1M credit union headquartered in Boston, MA, with 3,765 members and 2 branches in Massachusetts. Best rates: savings 0.10% APY.
Alpha Credit Union Carrot Score
68
Carrot Score
Higher than 22% of U.S. banks and credit unions
#100 of 141 in Boston, MA-NH metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Alpha Credit Union
Founded in March 1942 under Massachusetts statutes, Alpha Credit Union is a state-chartered cooperative financial institution.
- Headquarters
- 1 Deaconess Rd, Boston, MA 02215
- NCUA charter
- 67872
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Individuals working at Beth Israel Deaconess Medical Center, Joslin Diabetes Center, Lahey Health, Tufts Medical Center, or Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center (HMFP) are eligible for membership.
Family and household
- Membership is available to members' spouse or domestic partner, children, step-children or domestic partner's children, parent, step-parents, parent's domestic partner, grandchildren, step-grandchildren, grandparents, step-grandparents, domestic partners' parents or grandparents, and siblings or step-siblings.
Branches
2 branches in Massachusetts
Loading map…
Massachusetts
2 branches
- Alpha Credit UnionMain office1 Deaconess Rd, Boston, MA 02215Directions
- Alpha Credit Union800 Washington St, Boston, MA 02111Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 18.78% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.14% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.98% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $69 | $59 | — |
- CapitalNet worth ratio18.78%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.14%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.98%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$69Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Alpha Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.