Credit union
Brightbridge Credit Union
Lawrence, Massachusetts, Essex County, MA
$2.4B in total assets and 117,912 members, the 230th largest of 4,298 US credit unions and 4th of 121 headquartered in Massachusetts.
- NCUA charter
- 68693
- Charter
- State chartered (MA)
- Chartered
- 1955
- NCUA insured since
- 1971
- Low-income designation
- Yes
- Website
- http://www.brightbridge.com
Earlier filings under Merrimack Valley Federal Credit Union (charter 10066), before a charter conversion, are included in the history below.
At a glance
Compared with 11 federally insured credit unions in Massachusetts with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.4B | 73% | $1.8B | |
| Loans | $1.8B | 64% | $1.4B | |
| Deposits (shares) | $2.1B | 82% | $1.5B | |
| Members | 117,912 | 73% | 97,310 | |
| Return on assets | 0.57% | 54% | 0.43% | |
| Net interest income to assets | 3.25% | 82% | 2.67% | |
| Efficiency ratio | 82.7% | 54% | 82.2% | |
| Net worth ratio | 10.56% | 64% | 10.25% | |
| Loans to shares | 85% | 2% | 100% | |
| Cost of deposits | 1.75% | 54% | 1.70% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 15.1% a year over 10 years and 13.0% a year over the last 5, including 5 mergers in the last 10 years. Membership grew 10.1% a year over 5 years, to 117,912.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Jan 2026 | Arrha Credit Union Credit union, Springfield, MA | $160M |
| Jan 2025 | Cabot Boston Credit Union Credit union, Boston, MA | $5M |
| Jun 2023 | RTN Federal Credit Union Credit union, Waltham, MA | $1.0B |
| Jan 2020 | Ocean Spray Employees Federal Credit Union Credit union, Bridgewater, MA | $11M |
| Feb 2019 | Bridgewater Credit Union Credit union, Bridgewater, MA | $379M |
| Jul 2014 | Lawrence Postal Employees Credit Union Credit union, Lawrence, MA | $470K |
| Dec 2012 | Merrimack College Federal Credit Union Credit union, North Andover, MA | $7M |
Where they operate
32 branches in 11 counties.
1 of 32 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Essex County, MA | 9 | 3.3% | 12 of 59 |
| Middlesex County, MA | 6 | 1.1% | 23 of 79 |
| Hampden County, MA | 3 | 1.9% | 16 of 30 |
| Norfolk County, MA | 3 | 1.2% | 18 of 58 |
| Plymouth County, MA | 3 | 1.9% | 14 of 29 |
| Bristol County, MA | 2 | 1.1% | 20 of 35 |
| Rockingham County, NH | 2 | 1.7% | 19 of 33 |
| Capitol Planning Region, CT | 1 | 0.3% | 33 of 53 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2018 | 7 | |
| 2019 | 11 | +4 |
| 2020 | 11 | 0 |
| 2021 | 11 | 0 |
| 2022 | 11 | 0 |
| 2023 | 21 | +10 |
| 2024 | 25 | +4 |
| 2025 | 28 | +3 |
| Jun 2026 | 32 | +4 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.82% | 0.43% |
| Net worth ratio | 10.56% | 10.25% |
| Loans to shares | 85% | 100% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Massachusetts
Most branches in Essex County, MA
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.