Beverly Municipal Federal Credit Union:

Beverly Municipal Federal Credit Union was chartered in 1985 and its charter number is 24192. Beverly Municipal Federal Credit Union's address registered with the NCUA is 139 CABOT ST., BEVERLY, MA 01915. As of 10/16/06, Beverly Municipal FCU reported $10,693,354 in assets. The credit union currently has 2,245 members. It's Manager/CEO is Laurie Callahan. The credit unions website is www.beverlycreditunion.com

Beverly Municipal Federal Credit Union is a member of the Massachusetts Credit Union League.

Beverly Municipal Federal Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $11,905,169.00
Total Loans: $6,145,171.00
Net Worth Ratio: 17.27
% Share Growth: -2.88
% Loan Growth: 0.94
Loans/Assets Ratio: 51.61
Loans/Assets Ratio: 46.3
Numbers of Members: 2,330
Number of Full-time Employees: 4.5 		 
As of December 31, 2005
Total Assets: $11,101,919.00
Total Loans: $6,273,858.00
Net Worth Ratio: 18.68
% Share Growth: -8.29
% Loan Growth: 2.09
Loans/Assets Ratio: 56.51
Loans/Assets Ratio: 41.27
Numbers of Members: 2,298
Number of Full-time Employees: 4.5 		 
As of December 31, 2006
Total Assets: $10,354,419.00
Total Loans: $7,179,542.00
Net Worth Ratio: 20.28
% Share Growth: -8.58
% Loan Growth: 14.43
Loans/Assets Ratio: 69.33
Loans/Assets Ratio: 28.88
Numbers of Members: 2,254
Number of Full-time Employees: 4.5 		 
 
 
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Credit Union News:

Tips net robbery suspects
The Patriot-News - Feb 6, 2008
A description of the alleged getaway vehicle by Members First Federal Credit Union employees after the South Hanover Twp. bank was robbed Wednesday led to the arrests of a man and woman less than an hour later, state police said.

Full Story: http://www.pennlive.com/news/patriotnews/index.ssf?/base/news/1202350215279670.xml&coll=1

Pay-out for credit union customers
Channel 4 - Feb 6, 2008
Thousands of people who lost their savings when two credit unions collapsed will receive compensation, it has been announced.

Full Story: http://www.channel4.com/news/articles/business_money/payout+for+credit+union+customers/1497547

Taking Math Lessons Into Account
Brandon News & Tribune - Feb 8, 2008
Michael Desmond has started saving for college, stashing away money he earns washing and waxing his parents' cars.

Full Story: http://brandonnews2.tbo.com/content/2008/feb/09/br-taking-math-lessons-into-account/?news

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