Lynn, MA · State Credit Union · Chartered in MA
Who can join
State government employees (special charter)
Members
5,341
Net Worth Ratio
9.22%
min. 7% = Well Capitalized
Contact & Details
NCUAWebsite
Phone
Address
Branch Locations
Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.
Total Assets
$189.8M
Total Shares
$172.6M
Total Loans
$148.6M
Net Income
$346K
Net Worth Ratio
9.22%
≥7% = Well Capitalized
Members
5,341
Return on Assets
0.18%
annualized · >0.5% healthy
Delinquency Rate (60d+)
0.32%
$479K
| Year | Applications | Originated | Denials | Orig. Rate | Denial Rate |
|---|---|---|---|---|---|
| 2023 | 40 | 30 | 1 | 75.0% | 2.5% |
| 2022 | 112 | 70 | 16 | 62.5% | 14.3% |
| 2021 | 205 | 134 | 26 | 65.4% | 12.7% |
No CFPB complaint data available for this credit union.
River Works Credit Union
947 Western Ave, Lynn, MA, 01905-2640
Monday-Friday 8am - 4pm Saturday- 9am - 12pm
Morgan Records
159 Frontage Rd, Manchester, NH, 03103-6013
8:00AM-5:00PM
River Works Credit Union
256 Freeport St, Dorchester, MA, 02122-2845
Monday through Friday 8:30 to 4:30
Naveo Credit Union
493 Somerville Ave, Somerville, MA, 02143
River Works Credit Union
24 Broadway, Lynnfield, MA, 01940
8:00AM - 3:30PM
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<a href="https://bankscorer.com/credit-union/river-works" target="_blank" rel="noopener">View RIVER WORKS on Bank Scorer</a>Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.
Loan-to-share ratio: 86.1%· healthy range 60–80%