CHELSEA EMPLOYEES FEDERAL CREDIT UNION

Welcome to Chelsea Employees Credit Union, your trusted financial partner located at 500 Broadway 205, Chelsea, MA 02150. Established in 1935, we have proudly served our community for nearly nine decades, fostering a sense of belonging and security for over 2,120 members. With total assets reaching an impressive $19,826,447 and total deposits of $954,576, we are dedicated to providing you with reliable financial services that cater to your needs. At Chelsea Employees Credit Union, we understand the importance of community involvement and support. Our team of just four dedicated employees, led by CEO Bruce Black and Board President Patrice Montefusco, is committed to enhancing the lives of our members through personalized service and quality products. Whether you're looking for auto loans, savings accounts, or mortgage options, we're here to guide you every step of the way. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address: 500 Broadway #205, Chelsea, MA 2150. We invite you to explore the range of services we offer and see how we can assist you in achieving your financial goals. Feel free to reach out to us at (617) 884-3599 or visit our website at ChelseaEFCU.org for more information. Join us today and become part of a credit union that truly cares about its members!

At Chelsea Employees, we take pride in our rich history and unwavering commitment to our community. Established in 1935, our credit union has been a pillar of financial support for the residents of Chelsea, MA, for over eight decades. Located at 500 Broadway 205, Chelsea, MA 02150, we have continuously evolved to meet the needs of our growing membership base, which now stands at an impressive 2,120 members. From our humble beginnings, Chelsea Employees has flourished into a trusted financial institution with total assets amounting to $19,826,447. Our mission is simple yet powerful: we aim to provide accessible and affordable financial services while fostering a sense of community among our members. We believe that everyone deserves the opportunity to achieve their financial goals, and we strive to make that possible through personalized service and innovative banking solutions. Our operating hours reflect our dedication to serving you better. We are open Monday, Wednesday, and Thursday from 8:30 AM to 3:30 PM, Tuesday from 8:30 AM to 7:00 PM, and Friday from 8:30 AM to 12:00 noon. While we currently do not offer ATM or drive-thru services, our online banking options are designed with your convenience in mind. Members can easily manage accounts online or through our mobile application. Chelsea Employees is more than just a credit union; we are deeply involved in our local community. We actively participate in outreach programs and partnerships that enrich the lives of those around us. Our goal is not only to support your financial well-being but also to contribute positively to the neighborhoods we serve. While members can visit us at 500 Broadway 205, official correspondence should be sent to 500 Broadway #205, Chelsea, MA 2150. For any inquiries or assistance, please feel free to contact us at 617-884-3599. We invite you to join the Chelsea Employees family and experience firsthand the benefits of being part of a credit union that puts its members first. Together, let's build a brighter financial future!

Joining the Chelsea Employees Credit Union means becoming part of a friendly, supportive community that values its members. To be eligible for membership at Chelsea Employees, you simply need to be an employee or retiree of a specific employer group, or a family member of an existing member. This makes it easy and welcoming for those looking to benefit from our personalized financial services. The advantages of being a member are plentiful, including access to competitive rates on loans and savings accounts, as well as tailored financial advice just for you. If you're ready to take the next step, opening an account is straightforward! For more detailed information about eligibility requirements, feel free to check out our website at . If you have any questions, don't hesitate to reach out at (617) 884-3599. We're excited to welcome you to our family!

At Chelsea Employees, we understand that banking should be as convenient and secure as possible. Our digital and online banking services are designed to give you easy access to your finances anytime, anywhere. With just a few clicks or taps, you can manage your accounts and stay on top of your financial goals without the hassle of visiting a branch. One of the key features we offer is our robust online banking platform, accessible at https://www.chelseaefcu.org/ . This service allows you to check your account balances, transfer funds, and pay bills all from the comfort of your home or on the go. Whether it's day or night, our 24/7 online banking ensures you have real-time access to your money. For those who prefer using their smartphones, our mobile application provides an intuitive way to handle your finances. You can make person-to-person transfers with ease, ensuring that sending money to friends or family is quick and straightforward. Plus, if you're opting for e-statements, you'll receive your account statements electronically no more paper clutter! While we currently don't support electronic signatures or mobile payments, our focus remains on providing essential services that enhance your banking experience. Our user-friendly interface makes it simple for everyone to navigate their accounts confidently. By choosing Chelsea Employees, you're not only opting for convenience but also prioritizing security in all your transactions. We take pride in safeguarding your personal information while offering efficient digital solutions tailored for our members' needs. Embrace modern banking with us and enjoy managing your finances like never before!

At Chelsea Employees, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand the importance of having a reliable partner for your financial needs, and our solid financial foundation assures you that your money is in safe hands. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. With a net worth of $1,613,225, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 814 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $0 in share certificates and $0 in money market shares, which means we focus on providing stable and rewarding growth opportunities tailored to your needs. Unlike traditional banks, we prioritize our members. With non-member deposits at $498,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $1,408,629 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $6,530 in used auto loans and a total of $13,725,436 in loans and leases. Our operational efficiency is reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 4 full-time employees dedicated to serving you with a knowledgeable team ready to assist whenever you need help. Total share accounts stand at 3,519, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Chelsea Employees is your trusted partner. Visit us at 500 Broadway 205 Chelsea Ma 02150 or call 617-884-3599 to learn more about how we can help you achieve your financial goals.