Chelsea Employees
Chelsea Employees is a credit union based in Chelsea, Massachusetts, established in 1935, with $21 million in total assets serving 2,248 members. By Trust Grade it ranks 111th of 122 credit unions we track in Massachusetts. Its net worth ratio of 8.6% trails most similarly sized credit unions (8th percentile), versus a Massachusetts median of 12%. It was profitable over the most recent period, with a 0.28% return on assets. No consumer complaints against Chelsea Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Chelsea Employees compares to Massachusetts peers
How we graded Chelsea Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.6% capital ratio)
- Profitable (ROA 0.28%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Chelsea Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Chelsea Employees insured?
Yes. Chelsea Employees 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.
Chelsea Employees: frequently asked questions
Is Chelsea Employees a good credit union?
Chelsea Employees earns a Bankzia Trust Grade of B (80/100, "Strong"), based on a financial-strength score of 80/100 (it has no CFPB complaints on record). Well-capitalized (8.6% capital ratio); Profitable (ROA 0.28%).
Is Chelsea Employees NCUA-insured?
Yes. Chelsea Employees 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 Chelsea Employees?
Chelsea Employees holds $21 million in total assets, ranking 111th of 122 credit unions we track in Massachusetts. It serves 2,248 members.
Does Chelsea Employees have CFPB complaints?
No CFPB complaints against Chelsea Employees 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.
