BENEFITS OF THE MASSACHUSETTS CHARTER (View/download PDF)
REGULATING AGENCY: Massachusetts Division of Banks
- Mary Gallagher, Commissioner
- Jay Bienvenu, Senior Deputy Commissioner
- Christine Docherty, 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
2026 STATS
- Largest SCU: METRO CU $3.3B in assets
- Largest FCU: ROCKLAND FCU $3.74B in assets
| First Quarter 2026 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 45 | 77 | 122 | 36.89% |
| Credit Union Members | 1.08M | 1.17M | 2.25M | 48.13% |
| Credit Union Assets | $21.98B | $22.09B | $44.07B | 49.87% |
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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