St. Jean’s Credit Union

St. Jean’s Credit Union is a member-owned financial cooperative that bills itself as Massachusetts’ first credit union, organized in 1910. It offers everyday banking and money management tools along with savings certificates, mortgages and home equity loans for members looking to tap into the value of their homes. It recently celebrated 115 years under the theme “People Helping People,” and as a credit union it is owned by its members rather than outside shareholders.

The credit union was named a Best of The Salem News winner in 2025, and its charitable foundation recently announced its 2026 scholarship winners. Members can get answers around the clock from an online virtual assistant that handles questions about routing and account numbers, current rates for deposits, loans, mortgages and home equity, branch hours and locations, and reporting lost or stolen cards.

What to Know

• Deposits at the credit union are insured in full.
• Certificate rates stay fixed for the full term, and dividends compound daily.
• The credit union operates more than one office, including a Seaport branch.