Members Plus
Members Plus is a credit union based in Medford, Massachusetts, established in 1940, with $356 million in total assets serving 13,687 members. By Trust Grade it ranks 108th of 122 credit unions we track in Massachusetts. Its net worth ratio of 10.9% trails most similarly sized credit unions (45th percentile), versus a Massachusetts median of 12%. It posted a loss over the most recent period (-0.53% return on assets), a point to watch. No consumer complaints against Members Plus appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Members Plus compares to Massachusetts peers
How we graded Members Plus
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.9% capital ratio)
- Unprofitable over the period (ROA -0.53%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Members Plus over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Members Plus insured?
Yes. Members Plus 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.
Members Plus: frequently asked questions
Is Members Plus a good credit union?
Members Plus earns a Bankzia Trust Grade of B (81/100, "Strong"), based on a financial-strength score of 81/100 (it has no CFPB complaints on record). Well-capitalized (10.9% capital ratio); Unprofitable over the period (ROA -0.53%).
Is Members Plus NCUA-insured?
Yes. Members Plus 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 Members Plus?
Members Plus holds $356 million in total assets, ranking 108th of 122 credit unions we track in Massachusetts. It serves 13,687 members.
Does Members Plus have CFPB complaints?
No CFPB complaints against Members Plus 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.
