Charter 66364 · Chelsea, MA
Metro Credit Union (Chelsea, MA)
Metro Credit Union is a state-chartered credit union in Chelsea, Massachusetts, with $3.30 billion in assets and 218,846 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.18%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Metro Contigo.
- Total assets
- $3.30 billion
- +0.9% in a year
- Members
- 218,846
- +1.1% in a year
- Net worth ratio
- 9.18%
- Peer median 10.79%
- Loans 60+ days late
- 0.62%
- Peer median 0.67%
- Loans outstanding
- $2.75 billion
- -1.7% in a year
- Shares and deposits
- $2.76 billion
- +4.5% in a year
- Branches
- 18
- 334 employees
- Opened
- 1926
- Massachusetts charter
How Metro Credit Union compares
NCUA groups credit unions by size; Metro Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 9.18% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.62%, is lower than the group median of 0.67%. Loans fell 1.7% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 2 of 121 credit unions headquartered in Massachusetts. See all Massachusetts credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $3.30 billion | 218,846 | $2.75 billion | 9.18% | 0.62% |
| Q1 2026 | $3.30 billion | 215,295 | $2.77 billion | 9.08% | 0.59% |
| Q4 2025 | $3.30 billion | 213,040 | $2.80 billion | 9.02% | 0.25% |
| Q3 2025 | $3.23 billion | 219,006 | $2.80 billion | 9.13% | 0.17% |
| Q2 2025 | $3.27 billion | 216,561 | $2.80 billion | 8.96% | 0.18% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 7.9 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 18 sites for Metro Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Chelsea (main office)
200 Revere Beach Pkwy, Chelsea, MA 02150 - Broadway
365 Broadway, Chelsea, MA 02150 - Burlington
50 Summit Dr, Burlington, MA 01803 - Framingham
1124 Worcester Rd, Framingham, MA 01702 - Lynn
475 Western Ave, Lynn, MA 01904 - Lawrence
215 S Broadway, Lawrence, MA 01843 - Peabody
68 Main St, Peabody, MA 01960 - Salem
4 Paradise Rd, Salem, MA 01970 - Tewksbury
1527 Main St, Tewksbury, MA 01876 - Comm Ave
922 Commonwealth Ave, Boston, MA 02215 - Mass Ave
1071 Massachusetts Ave, Boston, MA 02118 - Melrose
138 Main St, Melrose, MA 02176 - Newton
334 Watertown St, Newton, MA 02458 - Peabody - Andover Street
240 Andover St, Peabody, MA 01960 - Reading
470 Main St, Reading, MA 01867 - West Roxbury
2029 Centre St, West Roxbury, MA 02132 - Dorchester
960 William T Morrissey Blvd, Boston, MA 02122 - Medford
1 Salem St, Medford, MA 02155
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology