Lowell Municipal Employees Federal Credit Union

Established in 1937, Lowell Municipal Employees Federal Credit Union is headquartered in Lowell, Massachusetts.

Main Address

375 Merrimack St
Lowell, MA 01852

Credit Union Details

Charter Number: 2065

Year Opened: 1937

Date Insured: March 9, 1971

Routing Number: 211383875

Peer Group: Assets between $2 million to $10 million

Credit Union Type: Federally chartered, federally insured credit union (FCU)

President of the Board: Matt Sandelli

Manager/CEO: Joseph L. Schiappa

Employees: 1 full-time and 2 part-time employees

Members: 1,187 current members

Website

lmefcu.net

Auto Loans

Number of New Vehicle Loans: 57

Number of Used Vehicle Loans: 177

Number of Total Vehicle Loans: 234

Amount of New Vehicle Loans: $1,438,275.00

Amount of Used Vehicle Loans: $2,308,916.00

Amount of Total Vehicle Loans: $3,747,191.00

Interest Rate of New Vehicle Loans: 4.01%

Interest Rate of Used Vehicle Loans: 3.93%

Grants

Grants received by this credit union.

Grantor
Date Awarded
Amount
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
August 27, 2013
$1,350

Data from https://mapping.ncua.gov/CreditUnionDetails/2065

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ATM

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FAQ

What does a credit union have to offer?

Credit unions are non-for-profit financial cooperatives, owned and controlled by the credit union's members.

What is a cooperative?

Cooperatives, in simplest terms, are institutions that belong to the people that use them.

Is my money safe?

Credit unions are insured up to $250,000 by the National Credit Union Administration (NCUA).

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