The Community Reinvestment Act (CRA) ensures the financial institution meets the credit needs of its entire assessment area(s) including low-moderate income neighborhoods consistent with safe and sound operations. Merrimack Valley Credit Union is a non-profit organization and focuses on being a leader of community development, economic growth, and stability. While providing financial services and lending, it is our goal to support our communities with charitable donations, volunteer services to non-profit organizations, and provide a strong financial education program to our communities for a healthier financial future. Everything is done with one goal in mind: Elevate people. Our most recent CRA performance evaluation by the Massachusetts Division of Banks covered the periods from June 1, 2021 to June 6, 2023. Merrimack Valley Credit Union received an overall “High Satisfactory” rating; for helping to meet the credit needs of its assessment area, including low- and moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
"Thank you for the donation for the 2nd Annual Boogie for Balance Karaoke and Dance Party Event. The efforts of our fundraising are to bring Neurofeedback programs to our Amesbury residents, focusing on children of low income families, educators, first responders and veterans who may be struggling with symptoms of stress and trauma that are interfering with their well being and education."
- Michelle Baker, The Benefit of Balance
"My heartfelt thanks for your invaluable support for Healthy Waltham! Because of supporters like you, we've weathered a global pandemic and been Waltham's first line of defense against hunger for thousands of families struggling with skyrocketing food prices caused by record inflation - and we continue to keep food on the table for vulnerable families throughout our Waltham community. These achievements have only been possible thanks to your support."
- Myriam Michel, Healthy Waltham
"Thank you for your generous support as a Sponsor of this year's spring Gala. The funds raised at the Gala... have become more critical as we continue to work through what is hopefully the end of the pandemic. Though COVID infections, hospitalizations and deaths continue to slowly decrease we are faced with the residual costs relating the protocols implemented to ensure the health and safety of the guests, our employees, and volunteers. Thank you for the generosity you've shown us and our mission to address the critical needs of those facing homelessness."
- Jeanine Murphy, Emmaus
