At Members Plus, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to providing a safe and secure banking environment is reflected in our robust financial health, ensuring you can trust us with your financial needs. With a
net worth of $39,958,930, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation ensures that we are well-positioned to support you, no matter what your financial goals may be. Our
net worth ratio of $1,227 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This stability is crucial as it allows us to adapt and respond effectively to the needs of our members. Members' savings are secured through
$64,380,362 in share certificates and
$27,119,853 in money market shares, offering stable and rewarding financial growth opportunities. Your deposits are not only protected but also work for you in generating returns. Unlike traditional banks, we prioritize our members. With non-member deposits at
$0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. This approach allows us to keep our members' interests at the forefront of everything we do. With
$29,018,248 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. These earnings reflect our commitment to continuous improvement and member satisfaction. We take pride in having
46 full-time employees and
4 part-time employees dedicated to serving you. Our knowledgeable team is always ready to assist you with your banking needs. Our lending capacity supports members' financial goals across various sectors with
$951 in used auto loans and
$188,277,740 in total loans and leases. Whether you're looking for an auto loan or need assistance with other financing options, we're here for you. Our operational efficiency is evident in our
$-5,826,336, which enables us to continue offering competitive loan rates and solid financial products for our members. We believe that a financially strong credit union translates into better service for you. Total Share Accounts:
27,852, showing a strong and growing member base that trusts us with their finances. Your trust is invaluable to us, and we're committed to earning it every day. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Members Plus is your trusted partner. Visit us at 29 High St Medford Ma 02155 or call (781) 905-1500 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.*