Community Of Lynn Credit Union

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A short history of Community Of Lynn CU

Since its inception in 1955 the Community Of Lynn Credit Union has been serving its members in the LYNN, Massachusetts area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Nicholas Sarantopoulos, the Community Of Lynn CU has grown its membership to over 6,570 with assets of more than $144,566,031. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (781) 598-0820 or email them at info@myccu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LYNN, MA.

General Information For Community Of Lynn CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 67558
Address 1 ANDREW STREET 
City LYNN 
State Massachusetts 
Zip-Code 01901
Phone Number (781) 598-0820
Fax Number (781) 593-3190
Email Address: info@myccu.org
CEO/President Nicholas Sarantopoulos
Members 6,570 
Full-Time Employees 31 
Part-Time Employees
Number of Branch Offices
Total Assets 144,566,031 
Website http://www.myccu.org 

Compare Community Of Lynn Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Brotherhood CU Main/Corporate Office 75 Market St 01901 (781) 598-5555 No 0.22
Massachusetts Family CU vital records server 51 Willow st 01901 67714 No 0.28
Lynn Police CU Fiserv-CUSA 4897 W Lake Park Blvd 84120 (800) 568-2872 No 0.34
Lynn Municipal Employees CU Lynn City Hall 3 City Hall Sq Ste 104 01901 (781) 586-6761 No 0.36
Lynn Teachers CU MAIN OFFICE 181 UNION ST STE 206F 01901 (781) 592-4936 No 0.72

Community Of Lynn Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Community Of Lynn Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.00 6.50 6.75 4.25 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 160 520 522 174 132
Rank Among All Massachusetts Credit Unions 7 80 91 44 28

Community Of Lynn Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.02 0.05 0.10 0.75 0.75
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 135 143 134 215 192
Rank Among All Massachusetts Credit Unions 12 21 28 41 37
Community Of Lynn Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.0001515,884
All Other Unsecured Loans/Lines of Credit 14.0001,2604,473,195
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 6.5001,98018,721,825
Used Vehicle Loans 6.7503,06918,432,309
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25026752,122,598
Total Other Real Estate Loans/Lines of Credit 4.25017810,840,926
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 14.0001,5819,516,616
TOTAL LOANS & LEASES 8,350114,123,353

Community Of Lynn Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 11323,108,9473610,863,568
    b. 15 Years or less 10011,693,90972,234,350
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 5417,319,7422704,250

OTHER REAL ESTATE

Closed-End Fixed Rate 24860,3126265,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1549,980,614345,580,000
Open-End Fixed Rate 0000
TOTALS 44562,963,5248519,647,168

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Community Of Lynn Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes