Credit union · NCUA insured
Metro Credit Union
A $3.3B credit union, the 151st largest of 4,329, headquartered in Chelsea, MA, with 215,295 members and 17 branches in Massachusetts. Best rates: CDs 4.30% APY.
Metro Credit Union Carrot Score
70
Carrot Score
Higher than 25% of U.S. banks and credit unions
#96 of 141 in Boston, MA-NH metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Metro Credit Union
Metro Credit Union was founded in 1926 and operates as a member-owned, not-for-profit financial cooperative.
Headquartered in Chelsea, Massachusetts, it is the largest state-chartered credit union in Massachusetts.
The institution was originally established by 35 members and clerks to serve their neighbors in Chelsea.
- Headquarters
- 200 Revere Beach Pkwy, Chelsea, MA 02150-1608
- NCUA charter
- 66364
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to individuals who live, work, go to school, or have a place of business in Essex, Middlesex, Norfolk, Suffolk, Worcester, Plymouth, Barnstable, Bristol, Franklin, Hampshire, or Hampden County, Massachusetts.
- Membership is open to individuals who live, work, go to school, or have a place of business in Hillsborough, Rockingham, Cheshire, Merrimack, or Strafford County, New Hampshire.
Employers and groups
- Membership is open to employees of the 1,800 participating workplaces in Massachusetts that offer Metro@work.
Family and household
- Membership is open to family members (including spouses, domestic partners, children, grandchildren, step-children, siblings, step-brothers/sisters, brothers/sisters-in-law, parents, grandparents, step-parents, mother/fathers-in-law, aunts, uncles, nieces, nephews, and cousins) of current Metro members regardless of where they live.
Cost to join
- Joining requires opening a Metro Membership Savings Account with an initial deposit of $5.00.
Branches
17 branches in Massachusetts
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Massachusetts
17 branches
- ChelseaMain office200 Revere Beach Pkwy, Chelsea, MA 02150Directions
- Comm Ave922 Commonwealth Ave, Boston, MA 02215Directions
- Dorchester960 William T Morrissey Blvd, Boston, MA 02122Directions
- Mass Ave1071 Massachusetts Ave, Boston, MA 02118Directions
- Burlington50 Summit Dr, Burlington, MA 01803Directions
- Broadway365 Broadway, Chelsea, MA 02150Directions
- Framingham1124 Worcester Rd, Framingham, MA 01702Directions
- Lawrence215 S Broadway, Lawrence, MA 01843Directions
- Lynn475 Western Ave, Lynn, MA 01904Directions
- Medford1 Salem St, Medford, MA 02155Directions
- Melrose138 Main St, Melrose, MA 02176Directions
- Newton334 Watertown St, Newton, MA 02458Directions
- Peabody68 Main St, Peabody, MA 01960Directions
- Peabody - Andover Street240 Andover St, Ste B, Peabody, MA 01960Directions
- Reading470 Main St, Reading, MA 01867Directions
- Salem4 Paradise Rd, Salem, MA 01970Directions
- Tewksbury1527 Main St, Tewksbury, MA 01876Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 9.18% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 0.62% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 0.35% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $100 | $88 | — |
- CapitalNet worth ratio9.18%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late0.62%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets0.35%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$100Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more 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 Metro Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.