Founded in 1955, Merrimack Valley Credit Union (MVCU) is a state-chartered community credit union with over $2.4 billion in assets. Our Corporate Office is located in Lawrence, Massachusetts. We currently serve over 115,000 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 network of twenty-eight branches stretching from New Hampshire through Massachusetts down to Rhode Island comprise nineteen community branches and nine workplace branches.
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.
Our dedicated Board of Directors & Management team puts you first in all we do.
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.
2023: MVCU merged with RTN Federal Credit Union to welcome 40,000 additional members of RTN's Select Employer Groups and community members.
We are a financially sound and well-capitalized credit union. 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!
News
Merrimack Valley Credit Union (MVCU) is proud to announce the donation of one of its company vehicles to Vehicles for Veterans, a nonprofit car donation foundation that supports U.S. veterans and their families. Vehicles for Veterans turns donated vehicles into funding for veteran programs across the country that support housing, healthcare and employment assistance. Through this donation, MVCU is helping to further the organization’s mission to support veterans who have served and sacrificed for our country.
On Saturday, Nov. 2, Bridgewater Credit Union, a division of Merrimack Valley Credit Union (MVCU), hosted a community Shred Day at its Fairhaven branch. Members of the credit union and community at large brought sensitive, outdated documents to be shredded. Proper disposal of documents, such as shredding, is imperative to protecting private personal information from identity thieves. Shredding is the safest way to dispose of documents containing a signature, account number, social security number or medical or legal information that is no longer necessary to retain.
Merrimack Valley Credit Union (MVCU) was recently named “Best Credit Union” for the second year in a row in the Eagle-Tribune’s annual contest in which the newspaper’s audience votes online for their favorite local businesses. The Eagle-Tribune covers the Merrimack Valley region of Massachusetts and southern New Hampshire including the towns of Andover, North Andover, Methuen, Lawrence and Haverhill in Massachusetts and Salem, Atkinson, Plaistow, Pelham, Windham, Derry and Londonderry in New Hampshire. MVCU serves members in these communities.
What an exciting time for our credit union! Over the past few weeks, MVCU has announced some changes to our organization: our proposed merger with Cabot Boston Credit Union (CBCU) and our rebrand to BrightBridge Credit Union in 2025. While these planned changes are exciting, I understand that change can be daunting, especially for members who have banked with our credit union for decades under the MVCU, RTN or Bridgewater Credit Union names—or any of the other 24 credit union names that make up our family tree!
Merrimack Valley Credit Union (MVCU) is excited to announce that Brian Harrington has joined the organization as vice president of finance and treasury. Harrington brings extensive experience in financial management and strategic planning, making him an exceptional addition to MVCU’s senior leadership team. Harrington earned both his undergraduate and graduate degrees in Finance at Suffolk University in Boston, Mass. He began his career in banking at State Street and subsequently held roles at other large financial institutions including Liberty Mutual, Citizens Bank and Amundi US (formerly Pioneer Investments), where he developed valuable skills in financial planning and analysis, budgeting and strategic planning.