Wellesley Municipal Employees Federal Credit Union

Wellesley Municipal Employees Federal Credit Union was chartered in 1955 and its charter number is 10623. Wellesley Municipal Employees Federal Credit Union's address registered with the NCUA is ONE HOLLIS STREET, SUITE 105, WELLESLEY, MA 02482. As of 10/25/06, Wellesley Municipal Employees FCU reported $18,073,462 in assets. The credit union currently has 2,645 members. It's Manager/CEO is Margaret P. Gerard. Wellesley Municipal Employees Federal Credit Union is a member of the Massachusetts Credit Union League.

 
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Wellesley Municipal Employees Federal Credit Union Financial Evaluation
2004
Total Assets: $19,285,690.00
Total Loans: $7,546,136.00
Net Worth Ratio: 14.69
% Share Growth: 4.22
% Loan Growth: -3.48
Loans/Assets Ratio: 39.12
Loans/Assets Ratio: 59.53
Numbers of Members: 2,734
Number of Full-time Employees: 7
 
2005
Total Assets: $18,467,389.00
Total Loans: $8,055,245.00
Net Worth Ratio: 15.9
% Share Growth: -5.63
% Loan Growth: 6.74
Loans/Assets Ratio: 43.61
Loans/Assets Ratio: 54.97
Numbers of Members: 2,747
Number of Full-time Employees: 5
 
2006
Total Assets: $17,944,533.00
Total Loans: $8,980,949.00
Net Worth Ratio: 16.77
% Share Growth: -3.85
% Loan Growth: 11.49
Loans/Assets Ratio: 50.04
Loans/Assets Ratio: 48.66
Numbers of Members: 2,745
Number of Full-time Employees: 32
 
 

May 25, 2012

 
 
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