Harvard University Employees Credit Union

A short history of Harvard University Employees CU

Since its inception in 1939 the Harvard University Employees Credit Union has been serving its members in the CAMBRIDGE, 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 Eugene Foley, the Harvard University Employees CU has grown its membership to over 48,724 with assets of more than $609,490,617. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (617) 495-4460 or email them at cumembercontact@harvard.edu to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CAMBRIDGE, MA.

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

Compare Harvard University Employees Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Cambridge Firefighters CU	Main	113 Garden St	02138	(617) 864-2298	No	0.32
Cambridge Teachers CU	Cambridge Teachers FCU	20 Felton St	02138	(617) 492-3212	No	1.11
Health Alliance CU	Health Alliance Federal Credit Union	230 Highland Ave	02143	(617) 591-6709	No	1.39
Naveo CU	Cambridge	251 Hampshire St	02139	(617) 714-6565	No	1.46
Somerville Municipal CU	Main Office	236 Holland St	02144	(617) 625-0898	No	1.59

Harvard University Employees Credit Union Financial Performance Charts

Financial Data

Harvard University Employees 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	12.50	2.99	2.99	4.00	3.75
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	434	145	91	138	74
Rank Among All Massachusetts Credit Unions	31	43	19	35	13

Harvard University Employees Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.05	0.10	0.40	0.50	0.50
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	125	129	76	263	227
Rank Among All Massachusetts Credit Unions	10	19	14	52	45

Harvard University Employees Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	12.500	13,987	37,092,783
All Other Unsecured Loans/Lines of Credit	7.990	4,565	14,706,472
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	6.250	3,382	94,972,085
New Vehicle Loans	2.990	467	5,658,913
Used Vehicle Loans	2.990	1,129	10,774,619
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.000	1,126	324,518,036
Total Other Real Estate Loans/Lines of Credit	3.750	974	30,919,376
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	3.250	468	4,121,660
TOTAL LOANS & LEASES		26,098	522,763,944

Harvard University Employees 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	575	185,223,088	185	70,126,161
b. 15 Years or less	317	53,534,076	59	14,545,207
Balloon/Hybrid
a. > 15 years	157	64,058,630	26	9,556,639
b. 15 Years or less	73	20,806,200	13	5,606,675
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	0	0	0	0
Adjustable Rate > 1 yr	4	896,042	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	191	8,337,469	55	3,364,425
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	783	22,581,907	78	6,813,182
Open-End Fixed Rate	0	0	0	0
TOTALS	2,100	355,437,412	416	110,012,289

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	20	801,682		225,000
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Harvard University Employees Credit Union Member Offerings

First Time Homebuyer Program	Yes
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
Overdraft Protection/Courtesy Pay	Yes
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