Metro Credit Union
About
Metro Credit Union serves Salem and the North Shore as part of the largest state-chartered credit union in Massachusetts. Owned by its more than 220,000 members, Metro operates as a not-for-profit cooperative rather than a shareholder-owned bank. Its Salem listing highlights home lending, and the credit union offers mortgage preapproval, home purchase loans and home equity products, along with guidance from loan experts who walk borrowers through the process.
Beyond mortgages, Metro provides everyday banking with fee-free checking, savings accounts and CDs, college financing, and personal and business banking. Members can track their money through iBanking, earn rewards for routine banking and enroll children in a youth debit card and money app. Since its founding in Chelsea in 1926, Metro has kept a community focus, supporting local nonprofits and volunteer efforts in the cities and towns it serves.
What to Know
- Deposits at Metro are 100 percent insured.
- Metro and Members Plus Credit Union have formed a partnership to expand member services.
- Metro is celebrating 100 years of service.
- It is a member of the Salem Chamber of Commerce.
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