Welcome to Methuen FCU News page. Here you will find all of our latest news and information.


Methuen Credit Union Awards $4,000 in College Scholarships
Announced on June 28, 2024

Methuen Federal Credit Union has awarded $4,000 in college scholarships to its members on behalf of Arthur Nicholson, III. Each year, Methuen FCU provides scholarships to incoming college freshmen.

Scholarship winners were selected based on their applications, grade transcripts, and essays. The essays required applicants to describe the career they wish to pursue after completing their education and explain their reasons for choosing that path.

“The annual scholarship awards for high school seniors are a key part of Methuen Credit Union’s dedication to supporting young people’s educational journeys,” said Methuen FCU President and CEO Andy Moisan.

The recipients of the 2024 Methuen Credit Union Scholarships include:

Allison Bolton, Carolyn Lucy, Derrik Kane and Julia Malowitz!

“I am always deeply impressed by the drive to succeed and compassion for others shown by these young leaders,” said Josephine Napolitano, Methuen FCU Chairman of the Board . “Our Credit Union is proud to support this next generation of leaders. Congratulations.”

Methuen Credit Union is a member-owned, not-for-profit financial cooperative committed to helping members achieve financial well-being through quality products and personalized services since 1956. At our Credit Union, we strive to deliver the best service possible to our most important asset – our members.


Notice of Annual Shareholders’ Meeting

In accordance with Section 1760 of the Federal Credit Union Act, as amended, the members are hereby notified of the Annual Meeting for 2022 to be held at the Methuen Federal Credit Union, 248 Broadway, Methuen, MA 01844, on Wednesday, September 20, 2023 at 6 pm.

Members will be elected to the Board of Directors. The 2022 dividends will be provided and reports of officials will be given.

A light meal will be provided.

We will be raffling off a TV as a grand prize along with numerous other prizes. Must be in attendance to win. All members in attendance will win a prize!


Methuen FCU has selected four essay winners to submit to the CCUA’s Massachusetts Students Essay contest

March 9, 2023 – Methuen, MA

Methuen FCU has selected four essay winners to submit to the CCUA’s Massachusetts Students Essay contest. Josephine Napolitano (Board Chair) and Andrew Moisan (President & CEO) attended Marsh School to present the winners with a $50 gift card to Barnes & Noble as a thank you from Methuen Credit Union for their hard work on the essays.

Essay Winners


Photo from left to right: Ms. DeFusco, Lila Smith, Emma Ripley, Kelly Bard, Madelyn Daly, Andy Moisan.

Eight winning essays will be chosen. The first prize winner will receive $500. The seven finalists will each receive $250. In addition to the eight winning essays, there will be several honorable mention winners who will each receive $50. There will be an awards ceremony to honor the contest winners in the spring.

The Massachusetts Student Essay Contest provides a unique opportunity for credit unions to demonstrate their involvement in their local community by reaching out to schools, families, and young people by engaging them in an educational activity that benefits all parties.


Shred Day

We hired a Shred Company to bring the truck on June 13th for our annual Shred Day. It is always a pleasant event as we get to socialize with our members and safely dispose of sensitive documents. However, they had issue with a truck and did not show up.

We stored over the weekend all boxes in our back room which is under surveillance/alarm monitoring 24/7. On Tuesday, June 16th Shred Truck arrived at our location and we were able to monitor safe disposal of every box our members left at the credit union.

Once again, we apologize for inconveniencing our members.


Alert!

Do not give any information to a caller who claims to be from the IRS and is collecting back taxes. This is a scam! If you have caller ID, call the police and give them the phone number.

If you ever notice any unusual activity on your credit card, contact us at 978-686-1471 or call the phone number on the back of your card.

Please notify us about destination, valid dates, and phone number to avoid interruption of service while traveling out of your area.

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