Southern Mass Credit Union was founded in 1922. Headquartered in Fairhaven, Massachusetts, Southern Mass Credit Union is a state chartered and federally insured credit union, being chartered in Massachusetts and insured through the National Credit Union Share Insurance Fund (NCUSIF). Southern Mass Credit Union is also a member of the , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Southern Mass Credit Union services 14,517 members through its 5 offices and branches and 39 full-time and 25 part-time employees. It has $205,419,757 of total assets and $21,852,478 of net worth. Based on its asset size and net worth ratio, Southern Mass Credit Union is classified as a Well Capitalized medium large credit union.
Southern Mass Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Southern Mass Credit Union also provides an array of services to its members and local communities. Southern Mass Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Southern Mass Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Massachusetts and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Southern Mass Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Southern Mass Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Southern Mass Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, first tim home buyer programs, and student scholarships.
Community and other Service Offerings
Acushnet Avenue Branch Office
2926 Acushnet Ave
New Bedford, MA 02745
Fairhaven High School Branch Office
12 Huttleston Ave
Fairhaven, MA 02719
Plymouth North High School Branch Office
41 Obery St
Plymouth, MA 02360
1101 Stafford Rd
Fall River, MA 02721
Southern Mass Credit Union Main Office
123 Alden Rd
Fairhaven, MA 02719