Credit Unions as a whole are healthy with strong balance sheets. 

The Methuen MEFCU has steered clear of any sub-prime lending and is a sound financial institution.   Please visit the following sites for more information. ":

www.creditunion.coop/  and  www.ncua.gov

 

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The Methuen Municipal Employees' Federal Credit Union was chartered under federal law. Federally chartered credit unions are regulated by the National Credit Union Administration (NCUA), an independent agency of the U.S. Government. NCUA's three board members are nominated by the President and confirmed by the Senate.
 
At Methuen Municipal Employees Federal Credit Union, we strive to deliver the best service possible to our most important asset - our members. 
 
Methuen Municipal Employees Federal Credit Union is a member of the Credit Union Collaborative Network of the Merrimack Valley which is a community of Credit Unions sharing knowledge and working together to better serve its members.
 
Field of Membership
Our field of membership is limited to: 
     Employees of the Town of Methuen
     Employees of the Methuen Housing Authority
     Employees of the Nevins Memorial Library
     Employees of St. Anne's Home in Methuen
     Employees of the Presentation of Mary Academy
     Dues paying members of the Methuen Historical Society
     Employees of Methuen Municipal Employees Federal Credit Union
     Persons retired as pensioners or annuitants from the above
        employers, members of their immediate families*, and organizations
        of such persons.
 
        *Immediate Family Members: grandparent, parent, spouse, sibling, child,
          grandchild, stepchildren, stepparents, stepsiblings and adopted children.
 
Join Methuen Municipal Employees Federal Credit Union
In order to open a membership and become a "shareholder", you must deposit $25.00 (one share).  You may then make deposits in a manner convenient to you; payroll deduction, direct deposit, by mail or at the office.
 
Simply complete the on-line request form by clicking the link below, and we will send you an application/membership card.   Please bring this card into the Credit Union office as we now document members' identity.
 
 
"Once a Member, Always a Member"
Once you have joined the Credit Union, your membership is good for life!  Even if you leave your current position which enabled you to join, you do not need to close your account. 
 
And remember............your family members are also welcome to join the credit union.