BENEFITS OF THE MASSACHUSETTS CHARTER (View/download PDF)
REGULATING AGENCY: Massachusetts Division of Banks
- Mary Gallagher, Commissioner
- Jay Bienvenu, Senior Deputy Commissioner
- Website: mass.gov/orgs/division-of-banks
ACCREDITED: 1996
LEAGUE: Cooperative Credit Union Association
- Ron McLean, President/CEO
- Website: ccua.org
PRIVATE SHARE INSURANCE: No
2025 STATS
- Largest SCU: METRO CU $3.3B in assets
- Largest FCU: ROCKLAND FCU $3.45B in assets
| Fourth Quarter 2025 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 48 | 77 | 125 | 38.40% |
| Credit Union Members | 1.09M | 1.16M | 2.26M | 48.43% |
| Credit Union Assets | $22.09B | $21.61B | $43.7B | 50.54% |
FUN FACT
Sixteen of the top 25 windiest U.S. cities are located here. It’s a good thing Boston has the T to protect people from cold and windy weather. In fact, Boston established the country’s first subway system in 1897.
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