As a credit union, Somerville’s Credit Union is a not-for-profit financial cooperative owned and operated by our members. We look forward to serving you and showing you the credit union difference.
Established on May 28, 1941, Somerville Municipal Federal Credit Union was started by people who were committed to helping their fellow City of Somerville employees save for retirement in an age when pensions were non-existent.
The role of the Board of Directors is to provide effective governance and stewardship, leaving management to run the day-to-day operations of the credit union.
Our mission statement is an articulation to our members, employees, and the entire world of the purpose of credit union's existence.
Our team is a group of exceptional people who make a direct impact in the financial lives of the people we serve – in the neighborhoods where we live.
Somerville’s Credit Union is committed to providing a website that is accessible. We have implemented the recommendations of the Web Content Accessibility Guidelines (WCAG) as published by the Web Accessibility Initiative (WAI) of the World Wide Web Consortium (W3C).