Credit union · NCUA insured
New England Teamsters Federal Credit Union
A $75M credit union headquartered in Charlestown, MA, with 4,023 members and 1 branch in Massachusetts. Best rates: CDs 3.75% and savings 0.02% APY.
New England Teamsters Federal Credit Union Carrot Score
67
Carrot Score
Higher than 19% of U.S. banks and credit unions
#109 of 141 in Boston, MA-NH metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About New England Teamsters Federal Credit Union
New England Teamsters Federal Credit Union is headquartered in Charlestown, Massachusetts, and has been serving members since 1974.
The credit union focuses on empowering Teamsters and their families across Massachusetts, New Hampshire, Connecticut, Rhode Island, Vermont, and Maine.
- Headquarters
- 548 Main St, Charlestown, MA 02129-1109
- NCUA charter
- 21507
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of a Teamster benefits office within the jurisdiction of Joint Council 10 are eligible for membership.
- Employees of a Teamster local within the jurisdiction of Joint Council 10 are eligible for membership.
- Active or retired Teamsters within the jurisdiction of Joint Council 10 are eligible for membership.
Military, government and schools
- Members of Medford Firefighters Local 1032 are eligible for membership.
Family and household
- Immediate family members of current Medford Firefighters Local 1032 members are eligible for membership.
- Un-remarried spouses of persons who died while within the field of membership are eligible for membership.
1 more way to join
Family and household
- Immediate family members of current Teamster Local members within the jurisdiction of Joint Council 10 are eligible for membership.
Cost to join
- A minimum initial deposit of $5 is required to open a membership account.
Branches
1 branch in Massachusetts
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Massachusetts
1 branch
- Main OfficeMain office548 Main St, Charlestown, MA 02129Directions
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 | 12.90% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 2.08% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.89% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $40 | $59 | — |
- CapitalNet worth ratio12.90%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late2.08%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.89%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$40Peers’ 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 New England Teamsters Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.