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Lexington Ma Credit Union Share
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Lexington Ma Credit Union is a federal credit union based in Lexington, Massachusetts. It has been opened since 1961, for 61 years.

With around $10,200,000 in assets, Lexington Ma Credit Union is considered to be a medium size credit union.

About Share
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Address 3 Fletcher Avenue
Lexington, Massachusetts 02420
Website http://www.lexmafcu.com
Phone (781) 862-9011
Fax (781) 674-2960
CEO Carol H. Patterson
President of the Board Robert O'Keefe
Services Offered
Score Card Share
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61 years
Years in business
Opened in 1961
Well Capitalized
Net worth classification
Source: NCUA
1,192 members
Membership type: Multiple common bond – primary federal, state, local government
Below average number of members
477:1
Credit union member to staff ratio
477 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$10,201,191
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Massachusetts
Average number of branches
0.08%
Savings interest rate
Compared to 0.3% nationally
11.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 3 in Massachusetts
Average number of branches
Lexington Ma Credit Union Branch Locations

Lexington Ma Credit Union: Office
3 Fletcher Avenue
Lexington, Massachusetts 02420
No ATM
Members Share
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1,192 members
Membership type: Multiple common bond – primary federal, state, local government
Below average number of members

With 1,192 members, the Lexington Ma Credit Union is considered to be a small credit union. It is smaller than 78% of credit unions.

Fees Share
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$14
Average fee per member
The average fee per member at the Lexington Ma Credit Union is $14, which is low compared to most credit unions. This rate is lower than 78% of all credit unions.
Fees are lower than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Lexington Ma Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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477:1
Credit union member to staff ratio
477 per each FTE employee
Compared to 411:1 nationally
Fewer staff
2 staff members
FTE (full-time equivalent)
33% of employees are part-time
2 full-time, 1 part-time

Lexington Ma Credit Union has 2 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 67% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Lexington Ma Credit Union has around 477 members per staff, a higher ratio compared to other credit unions.

Assets Share
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$10,201,191
Total assets
Below average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
11.2%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$9,696
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 46% of credit unions.

Lexington Ma Credit Union holds a total of $6,290,000 in loans and leases, which is about $9,696 per member on average.

Savings interest rate Share
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0.08%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Lexington Ma Credit Union pays 0.08%.

Loan rates Share
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11.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.40%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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1.90%
New car loan rate
Compared to 4.0% nationally
3.90%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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3.25%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.25%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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