Alpha
Alpha is a credit union based in Boston, Massachusetts, established in 1942, with $35 million in total assets serving 3,765 members. By Trust Grade it ranks 21st of 122 credit unions we track in Massachusetts. Its net worth ratio of 18.3% is stronger than 72% of similarly sized credit unions, versus a Massachusetts median of 12%. It was profitable over the most recent period, with a 2.11% return on assets. No consumer complaints against Alpha appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Alpha compares to Massachusetts peers
How we graded Alpha
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (18.3% capital ratio)
- Strongly profitable (ROA 2.11%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Alpha over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Alpha insured?
Yes. Alpha is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Alpha: frequently asked questions
Is Alpha a good credit union?
Alpha earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (18.3% capital ratio); Strongly profitable (ROA 2.11%).
Is Alpha NCUA-insured?
Yes. Alpha is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Alpha?
Alpha holds $35 million in total assets, ranking 21st of 122 credit unions we track in Massachusetts. It serves 3,765 members.
Does Alpha have CFPB complaints?
No CFPB complaints against Alpha appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
