Sharon Credit Union

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A short history of Sharon CU

Since its inception in 1956 the Sharon Credit Union has been serving its members in the SHARON, 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 James Carlson, the Sharon CU has grown its membership to over 34,228 with assets of more than $566,106,685. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (781) 784-7725 or email them at mbrservice@sharoncu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SHARON, MA.

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

Charter Number 67836
Address 30 POND STREET 
City SHARON 
State Massachusetts 
Zip-Code 02067
Phone Number (781) 784-7725
Fax Number () -
Email Address: mbrservice@sharoncu.com
CEO/President James Carlson
Members 34,228 
Full-Time Employees 68 
Part-Time Employees 13 
Number of Branch Offices
Total Assets 566,106,685 
Website http://www.sharoncu.com 

Compare Sharon Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Stoughton Town Employees CU MAIN OFFICE-10 Pearl St 10 Pearl St 02072 (781) 344-7394 No 4.38
Chadwick CU Chadwick FCU Main Office 1151 Boston Providence Tpke 02062 (781) 255-4917 No 4.53
Norwood Town Employees CU Disaster Recovery Center 3031 Airpark Dr N 48507 (800) 359-3362 No 4.72
Crescent CU Corporate Office 1300 Belmont St 02303 (508) 559-5400 No 7.05
Norfolk Community CU Norfolk Community FCU 206 Main St 02056 (508) 528-3360 No 7.36

Sharon Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Sharon 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 13.41 2.75 4.50 3.70 4.24
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 470 115 264 94 131
Rank Among All Massachusetts Credit Unions 34 34 57 21 27

Sharon 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 0.10 0.40 0.35
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 134 284 250
Rank Among All Massachusetts Credit Unions 10 19 28 55 50
Sharon Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 13.4101,9884,050,907
All Other Unsecured Loans/Lines of Credit 12.7501,7428,370,082
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.5001,9934,376,549
New Vehicle Loans 2.7501,01819,321,011
Used Vehicle Loans 4.5003,08034,774,509
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.7002,119308,750,687
Total Other Real Estate Loans/Lines of Credit 4.2401,26638,489,351
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.7603542,689,046
TOTAL LOANS & LEASES 13,560420,822,142

Sharon 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 35887,535,2455715,613,855
    b. 15 Years or less 1,414127,622,798406,394,700
Balloon/Hybrid
    a. > 15 years 6032,645,20494,618,300
    b. 15 Years or less 24259,263,802154,275,900
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 451,683,638111,435,000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 41714,407,988713,086,312
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 84924,081,363373,392,950
Open-End Fixed Rate 0000
TOTALS 3,385347,240,03824038,817,017

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 451,683,6381,435,000
Interest Only & Payment Option Other RE/LOC Loans 31211,371,3891,948,200
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Sharon 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 Yes
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes