Mills42 Federal Credit Union

Established in 1958, Mills42 Federal Credit Union is headquartered in Lowell, Massachusetts.

Main Address

83 Merrimack St
Lowell, MA 01852

Credit Union Details

Charter Number: 12666

Year Opened: 1958

Date Insured: March 11, 1971

Routing Number: 211381592

Peer Group: Assets between $10 million to $50 million

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

President of the Board: Amy Fellows

Manager/CEO: Derek Cronin

Employees: 8 full-time and 1 part-time employees

Members: 2,938 current members

Website

mills42fcu.com

Grants

Grants received by this credit union.

Grantor
Date Awarded
Amount
Commonwealth of Massachusetts
November 30, 2023
$5,000
Cooperative Credit Union Association
April 4, 2023
$2,000
Commonwealth of Massachusetts
December 7, 2022
$5,000
Cooperative Credit Union Association
August 11, 2022
$2,000
Commonwealth of Massachusetts
November 9, 2021
$5,000
Community Development Financial Institution (CDFI)
September 24, 2020
$125,000
Massachusetts Credit Union League
July 8, 2020
$500
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
April 27, 2020
$10,000
Community Development Financial Institutions Fund
September 19, 2019
$125,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
August 29, 2019
$8,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
August 30, 2017
$7,500
Capacity and Growth
July 25, 2016
$838

Data from https://mapping.ncua.gov/CreditUnionDetails/12666

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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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