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Home / Join / About Us
about us, MVCU, members,

Our members are our biggest inspiration!

Become a Member

about us, MVCU, members,

Our members are our biggest inspiration!

Become a Member

About Us

Founded in 1955, Merrimack Valley Credit Union (MVCU) is a state-chartered community credit union with over $1.2 billion in assets.  Our Corporate Office is located in Lawrence, Massachusetts.  We currently serve over 73,000 members in Massachusetts, New Hampshire and Rhode Island, offering a wide range of savings and loan products, commercial services and digital banking to meet the financial needs of our growing member base.  Our ten branches are conveniently located in Bridgewater, Fairhaven, Haverhill, Lawrence, Methuen, North Andover, Plymouth, and Quincy, Mass., and Plaistow and Seabrook, N.H. 

We are focused on serving families, individuals and businesses with the credit union philosophy of "people helping people".  We believe in giving back to the communities we serve and demonstrate our commitment through our sponsorships of non-profit organizations, employee volunteer program, and financial literacy initiatives.  

board of directors, management team, managers, senior management, ceo, executive team, MVCU

It's nice to meet you!

Our dedicated Board of Directors & Management team puts you first in all we do.

  • A Board of Directors with more than 200 years of combined experience
  • Executives who are experts in their fields so we can provide you with top-notch products and services
  • Managers who are available to help you achieve your financial goals

Meet the Team

The MVCU Story

Where we've been

1955: MVCU is founded as the Communications Workers Employee Credit Union by Union Local 1365 in North Andover, MA. The name quickly changed to Merrimack Valley Credit Union. G. Harvey Ellis was our first General Manager.

1962: We reached the $1 million in assets milestone! Duncan MacLeod is now the General Manager.

1990s: Our field of membership opened up to serve more than 200 employer groups in the Merrimack Valley as well as their family members.

2005: MVCU converted to a community charter, allowing us to serve eligible members in the Merrimack Valley. Peter J. Matthews Jr. is the President & CEO.

2007: Our Corporate Office moved to Lawrence, MA, and we have five branches.

2016: We opened our sixth branch in Seabrook, NH.

2018: MVCU became a state-chartered credit union.

2019: MVCU merged with Bridgewater Credit Union, allowing us to serve members both in the Merrimack Valley and the south-shore region of Massachusetts. John J. Howard became our President & CEO.

2020: MVCU merged with the Ocean Spray Employees Federal Credit Union, expanding our field of membership to include all Ocean Spray employees and contract growers.

2021: MVCU expanded the field of membership to include additional counties in New Hampshire, Massachusetts, and Rhode Island.

Where we are now

We are a well-capitalized credit union with over $100 million in net worth.  What this means is that we can expand the products and services we offer to better fit your financial needs. Despite our growth, our passion for serving our members has never wavered. We have your best interest at heart!

Stay in the Know!


  • Why Are Mergers Important?

    Happy New Year! I’m excited to welcome you back to Member’s Edge. As we transition into 2023, there is so much to look forward to, including our proposed merger with RTN Federal Credit Union (pending member and regulatory approval). While merging with another credit union is an exciting endeavor, I understand that we all have concerns and questions when changes are proposed. So, I want to share a little bit about the history and benefits of merging credit unions.

  • Leadership Boosts Community at MVCU’s Haverhill Branch

    What do you love about your local credit union branch? Is the atmosphere warm and inviting? Do you have a favorite teller that greets you each time you stop by? Is there convenient access to an ATM that accommodates your busy schedule? Whatever your reason may be, it takes a group of talented and hard-working teammates to make each branch a welcoming, community-focused environment. This is exactly what has been established at MVCU’s Haverhill branch led by Branch Manager Taveiry Brito. In this Behind-the-Scenes look at our Haverhill location, Taveiry gets candid about community, leadership and Haverhill’s unique interior design.

  • Member IQ: ACH Update

    Many members have asked for an improved and seamless process for both receiving direct deposits and making electronic payments. We heard you! You are now able to set up payments from or direct deposits to any or all of your checking, savings, and/or club accounts. You get to decide where your money goes. To do that, we have added a unique ACH Account Number to most accounts. A small number of members may receive a letter from their merchant or employer verifying this new ACH Account Number. If you already have payments and deposits set up, you don’t have to do anything. To set up new payments or deposits, you will use your account’s new unique ACH Account Number.

  • Merrimack Valley Credit Union and Kasasa Announce $2,500 Cash Prize Winner In “These Are My People” Contest

    Merrimack Valley Credit Union (MVCU) and Kasasa, an award-winning financial technology and marketing provider, announced the winner of the local “These Are My People” contest. Brittanie Ramirez of Lawrence, Mass. won $2,500 to help support human connection with her favorite people. “I was so surprised when I received the call that I won that I didn’t believe that it was true,” said Ramirez. “This money gives me the opportunity to give back to Beyond Soccer, an organization that I was part of growing up here in Lawrence and where I work now as a Coach Mentor. 

  • Creating a Culture

    Welcome back to Member’s Edge. Since the release of our last newsletter MVCU made a major announcement: RTN Federal Credit Union will be merging into Merrimack Valley Credit Union (MVCU), pending member and regulatory approval. As your President & CEO, I am thrilled by the opportunities that will open because of this merger. This endeavor is just another step towards our goal of making MVCU the greatest place anyone has ever worked and the greatest place anyone has ever banked.

See how we grow!