Massachusetts

REGULATING AGENCY: Massachusetts Division of Banks

Massachusetts State House

ACCREDITED: 1996

LEAGUE: Cooperative Credit Union Association

PRIVATE SHARE INSURANCE: No

STATS: (As of Q4 2021)

Total Number of Credit Unions: 147

  • TOTAL # SCUs: 53
  • TOTAL # FCUs: 94
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 36%

Total Assets: $49,534,515,715

  • TOTAL $ SCU ASSETS: $20,100,926,199
  • TOTAL $ FCU ASSETS: $29,433,589,516
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 41%

Total Members: 3,224,436

  • TOTAL Members SCUs: 1,083,508
  • TOTAL Members FCUs: 2,140,928
  • SCU % OF TOTAL (SCUS/STATE TOAL): 34%

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.

RECENT NEWS

Massachusetts Own Jeanne D’Arc Credit Union’s “We Share A Common Thread” Foundation Raises Over $110,000

Jeanne D’Arc Credit Union held its twelfth annual We Share A Common Thread Foundation Fundraiser on Wednesday, March 30, at the Lowell Memorial Auditorium, raising over $110,000 for local non-profit organizations. The We Share A Common Thread Foundation was established in 2011, with a mission to support people in the community by assisting with food, shelter, clothing, health, and education.

This was the first time since the start of the pandemic that the event was held in person, and more than 300 Jeanne D’Arc employees, business partners, members, and supporters gathered to attend the Fundraiser. Attendees took chances on raffle baskets, bid on silent auction items, and listened to live music all while helping those in need.

This was the Foundation’s largest fundraiser yet, raising over $110,000 which will be distributed to 141 non-profits in 24 different cities in the Merrimack Valley area. To see a list of organizations who will benefit from the We Share A Common Thread Foundation Fundraiser visit wsact.com.

The night would not have been possible without the generous donors and sponsors including Fiserv, Inc., a global provider of financial service technology, as the Common Thread Sponsor, the highest level of sponsorship.

“It was great to see everyone back together, having fun and raising money to support so many worthy causes in our area,” said Mark S. Cochran, President and Chief Executive Officer at Jeanne D’Arc Credit Union.

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