About Us

In order to help members gain a measure of personal financial success, our mission is to educate and provide a reliable, secure and friendly financial environment, which features benefits & advantages beyond those generally available from other financial institutions.

The Stoneham m.e. Federal Credit Union proudly serves the Communities of:

Membership is also open to Anyone who becomes a member of the “Friends of the Stoneham Public Library”, “Friends of the Melrose Library”, students of the Stoneham Public School System, and employees of local businesses approved by the Board of Directors.

Once you become a member of the credit union, you’re a member for life, regardless of your employment or residence.

To open an account, please pick up an application at our main office in Stoneham, our branch in Wilmington, or simply click on the “Apply Now” link above.

Our friendly and knowledgeable staff are always available to help you establish a relationship with the credit union and answer any questions you may have.

In accordance with section 326 of the USA Patriot Act, and to help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, the Stoneham m.e. Federal Credit Union will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask for a copy of your driver’s license or other identifying documents. For accounts opened with the person not present at the credit union, these items must be submitted to the credit union included with a Notary Public signature, authenticating execution of the documentation. This also includes organization documents for the opening of D/B/As (Doing Business As) and associated organization accounts.