Danvers Municipal Credit Union
Danvers, MA
$8.2M
total assets, June 30, 2026
$8.2M
total assets, June 30, 2026
Danvers Municipal Credit Union is a federal credit union based in Danvers, MA. As of June 30, 2026 it held $8.17 million in assets and $4.95 million in deposits; assets were up 0.3% from a year before. It has 1,063 members and 1 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$8.2M
+0.3% in a year · +0.3% in a quarter
Deposits
$5.0M
-2.3% in a year · +0.3% in a quarter
Loans
$3.9M
-7.3% in a year · -3.1% in a quarter
Profit so far
$49K
Jan 1 to Jun 30, 2026 · -37.4% in a year
Net worth ratio
38.99%
+1.34 pts in a year
Return on assets
1.21%
-0.73 pts in a year
Facts
- Type
- Federal credit union
- Head office
- 1 Sylvan St., Danvers, MA, 01923
- Established
- Jan 1, 1961
- Employees
- 2
- Members
- 1,063
- Branches
- 1
- Id
- cu14191
Quarter by quarter
June 30, 2002 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets is a yearly rate.
Branches
1 office as of June 30, 2026
| County | Branches |
|---|---|
| Essex, MA | 1 |
| Office | Place |
|---|---|
| Danvers Town Hall (main office) | Danvers, MA |
Related pages
Questions and answers
How big is Danvers Municipal Credit Union?
$8.17 million in total assets and $4.95 million in deposits as of June 30, 2026, with assets up 0.3% from a year before. Its loans were $3.95 million.
How many branches does Danvers Municipal Credit Union have?
1 branch in Massachusetts as of June 30, 2026.
How many members does Danvers Municipal Credit Union have?
1,063 members as of June 30, 2026, down 1.4% from a year before.
Is Danvers Municipal Credit Union profitable?
Yes: it earned $49,426 from January 1 to June 30, 2026 (down 37.4% from the same months a year before). Its return on assets was 1.21% a year; about 1% is typical.
Official public data from the reports every insured credit union files each quarter. Profit so far runs from January 1 to the quarter end. Credit union branch lists have no deposits or map positions. New quarters appear about two months after the quarter ends.