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Eastern Bank was established on April 15, 1818, as Salem Savings Bank and became insured by the Federal Deposit Insurance Corporation on October 1, 1983. [5] On October 19, 1989, Eastern Savings Bank's parent company Lynn, Massachusetts-based Eastern Bank Corporation, renamed it Eastern Bank, and reorganized it into a mutual holding company, making it the first of its kind in Massachusetts.
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A community federal credit union, is a credit union in the United States that are based upon the cooperative concept but differs in its scope of membership in that it is based on geographical membership. Unlike the majority of credit unions, the community credit union is based upon geographical membership and not worksite or union commonality. [1]
0613376. Website. www.lynnma.gov. Lynn is the eighth-largest municipality in Massachusetts, United States, [8] and the largest city in Essex County. Situated on the Atlantic Ocean, 3.7 miles (6.0 km) north of the Boston city line at Suffolk Downs, Lynn is part of Greater Boston 's urban inner core.
All of their money would be protected by the NCUSIF. If that same individual has $350,000 in share accounts at one credit union, their $350,000 would only be insured up to $250,000. Credit union ...
Workers Credit Union is a state-chartered credit union headquartered in Littleton, Massachusetts.The credit union was established in Fitchburg, Massachusetts in 1914, has more than $2.6 billion in assets, [2] over 124,000 members, and operates sixteen full-service branches located in Athol, Chelmsford, Fitchburg, Gardner, Groton, Hudson, Lancaster, Leominster, Lunenburg, Orange, Townsend ...
First Citizens' Federal Credit Union was originally organized as Bristol Credit Union on November 17, 1937, as a state chartered community credit union serving employees and/or residents of Bristol County, Massachusetts. [3] The name was changed to Citizens' Credit Union during a charter expansion that extended the credit union's allowed field ...
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related to: community credit union lynn maallusbanks.com has been visited by 100K+ users in the past month