Mills42
Mills42 is a credit union based in Lowell, Massachusetts, established in 1958, with $32 million in total assets serving 2,938 members. By Trust Grade it ranks 47th of 122 credit unions we track in Massachusetts. Its net worth ratio of 11.6% trails most similarly sized credit unions (29th percentile), versus a Massachusetts median of 12%. It was profitable over the most recent period, with a 0.68% return on assets. No consumer complaints against Mills42 appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Mills42 compares to Massachusetts peers
How we graded Mills42
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.6% capital ratio)
- Profitable (ROA 0.68%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Mills42 over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Mills42 insured?
Yes. Mills42 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.
Mills42: frequently asked questions
Is Mills42 a good credit union?
Mills42 earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (11.6% capital ratio); Profitable (ROA 0.68%).
Is Mills42 NCUA-insured?
Yes. Mills42 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 Mills42?
Mills42 holds $32 million in total assets, ranking 47th of 122 credit unions we track in Massachusetts. It serves 2,938 members.
Does Mills42 have CFPB complaints?
No CFPB complaints against Mills42 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.
