Massachusetts
BENEFITS OF THE MASSACHUSETTS CHARTER (View/download PDF)
REGULATING AGENCY: Massachusetts Division of Banks
Massachusetts State House
- 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 $3.37B in assets
- Largest FCU: DIGITAL FCU $12.91B in assets
| First Quarter 2025 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 48 | 80 | 128 | 37.50% |
| Credit Union Members | 1.1M | 2.33M | 3.43M | 32.02% |
| Credit Union Assets | $22.16B | $33.75B | $55.9B | 39.63% |
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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