Metro Credit Union
Overview
Mission
Metro credit union provides loan and deposit products to members that assist them in meeting their financial needs. > Alex Avery > Alex AveryIntegrated Marketing Specialist > At Metro, the flexibility and support I’ve experienced allows me to be present for my family, raising three kids and a dog, while continuing to grow in my career. Having worked at other financial institutions, I can confidently say nothing compares to Metro’s commitment to community impact and the pride that comes with being part of that mission. If you bring drive and determination, success here is within reach. The opportunities for career advancement are outstanding. In our service center, we speak with empathy, resolve issues the first time, and support each other so every member experiences consistent, confident, and exceptional.
What it reported doing in 2024
Metro credit union provides loan and deposit products to members that assist them in meeting their financial needs. As of 12/31/2024, metro credit union has net loans of $2,939 million and share deposits of $2,714 million.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
Nonprofit profile at a glance
- EIN
- 041695745
- IRS 990 coverage
- 2010–2024
- Website reviewed
- Jun 2026
- Forms available
- Form 990 2024
- Headquarters
- Chelsea, MA, United States
- Rating confidence
- Limited
The verdict
- This form does not report enough financial and governance detail to rate the organization. That is normal for this form and is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 71
- Accountability: 70
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 10th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Foreign activity oversight: Limited
- Grant itemization coverage: 73.2%; rating input score 73; 15th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 0 of 7 controls in place; rating input score 0
- Public financial transparency: 1 of 5 controls in place; rating input score 20
- Impact reporting controls: 3 of 7 controls in place; rating input score 43
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 63.6%; rating input score 64; 17th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: 0 of 4 controls in place; rating input score 0
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 4.2%; rating input score 53; 53rd percentile among comparable filings
- Operating reserve ratio: 20.71; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.92; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9.6% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 10.1% per year; rating input score 100; 70th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 7 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1.6M · 25 people listed · 5 of 6 pay-setting controls reported
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 14 annual filings from 2010 to 2024
- Money network: 29 filed money-flow records
- Related organizations: 11 filed related-organization links