credit union

Beverly Municipal

Beverly, MA · Est. 1985
B
Trust Grade
Strong
Score: 83/100

Beverly Municipal is a credit union based in Beverly, Massachusetts, established in 1985, with $27 million in total assets serving 1,893 members. By Trust Grade it ranks 98th of 122 credit unions we track in Massachusetts. Its net worth ratio of 8.3% trails most similarly sized credit unions (6th percentile), versus a Massachusetts median of 12%. It was profitable over the most recent period, with a 0.85% return on assets. No consumer complaints against Beverly Municipal appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$26.6M
<$100M institution
Members
1,893
Shares & deposits
—
Net worth ratio
8.3%
Bottom 6% of <$100M peers · Massachusetts median 12%
Return on assets
0.9%
Top 38% of <$100M peers · Massachusetts median 0.55%
Rank in Massachusetts
#98
of 122 credit unions

How Beverly Municipal compares to Massachusetts peers

Net worth ratio
Bottom 6% of <$100M peers
Beverly Municipal
8.3%
Massachusetts median
12.0%
Higher capital ratio = stronger financial cushion
Return on assets
Top 38% of <$100M peers
Beverly Municipal
0.9%
Massachusetts median
0.6%
Higher ROA = more profitable relative to asset base

How we graded Beverly Municipal

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
83/100
Customer experience
n/a
Overall
B · 83
  • Well-capitalized (8.3% capital ratio)
  • Profitable (ROA 0.85%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Beverly Municipal over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Beverly Municipal insured?

Yes. Beverly Municipal 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.

Beverly Municipal: frequently asked questions

Is Beverly Municipal a good credit union?

Beverly Municipal earns a Bankzia Trust Grade of B (83/100, "Strong"), based on a financial-strength score of 83/100 (it has no CFPB complaints on record). Well-capitalized (8.3% capital ratio); Profitable (ROA 0.85%).

Is Beverly Municipal NCUA-insured?

Yes. Beverly Municipal 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 Beverly Municipal?

Beverly Municipal holds $27 million in total assets, ranking 98th of 122 credit unions we track in Massachusetts. It serves 1,893 members.

Does Beverly Municipal have CFPB complaints?

No CFPB complaints against Beverly Municipal appear in our data over the analysis window, which is typical for a credit union of this size.

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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.

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